Technical View | Nifty forms bullish candle, decisive move above 17,200 can pave way for further rally

The next resistance is expected to be in the 17,200-17,250 zone, followed by 17,450-17,500 levels, whereas the supports are placed at 16,950-16,800 levels. If the index extends uptrend further then there can be confirmation that it has formed the bottom around 16,828, the low of March 20, experts said.

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​ The next resistance is expected to be in the 17,200-17,250 zone, followed by 17,450-17,500 levels, whereas the supports are placed at 16,950-16,800 levels. If the index extends uptrend further then there can be confirmation that it has formed the bottom around 16,828, the low of March 20, experts said. The next resistance is expected to be in the 17,200-17,250 zone, followed by 17,450-17,500 levels, whereas the supports are placed at 16,950-16,800 levels. If the index extends uptrend further then there can be confirmation that it has formed the bottom around 16,828, the low of March 20, experts said.  Moneycontrol Latest News Read More