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Technical View | Nifty likely to make a march towards 17,600 as Nifty holds 50 EMA

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The 50-share NSE benchmark held 50, 100 and 200 days exponential moving averages (EMA – 17,275, 17,106, 17,201 respectively), indicating the trend may remain in favour of bulls. Hence as long as it holds 17,300 or 50 DEMA, the move towards 17,600-17,700 seems possible in coming sessions, with crucial support at the 17,000 mark, experts said.

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