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.
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.
