Nifty has created a gap an has traded in a range.
It took support from its 20ema on daily time frame and 200 ema on 30 minutes time frame.
Support :- 17520, 17425, 17325
Resistance :- 17590, 17670
If the level of 17670 breaks the market will cross ita Resisitance level and 200 ema on smaller time frame.
Wait and watch the price action near the levels.
Just remember to watch for a break out as tomorrow is expire and gaps can be filled.
It took support from its 20ema on daily time frame and 200 ema on 30 minutes time frame.
Support :- 17520, 17425, 17325
Resistance :- 17590, 17670
If the level of 17670 breaks the market will cross ita Resisitance level and 200 ema on smaller time frame.
Wait and watch the price action near the levels.
Just remember to watch for a break out as tomorrow is expire and gaps can be filled.
