Nifty view for 28/07/22

Nifty has given a nice move and has given a bullish engulfing candle.

It has given a nice bullish candle and closed above its 20 DMA.

In the last trading hour market gave a bullish move and smaller time frame bearish trend seems to be over.

Support :- 16570, 16325
Resistance :- 16680, 16825

Market has been given a nice movement and can remain in green.

Wait and watch the price action near the levels before trading the market.