For the trend following traders, the 200-day SMA (simple moving average) and 16,900 would act as a sacrosanct support zone. Above the same, the reversal wave is likely to continue till 17,250.
For the trend following traders, the 200-day SMA (simple moving average) and 16,900 would act as a sacrosanct support zone. Above the same, the reversal wave is likely to continue till 17,250.