Nifty [S] On the Down side

Nifty On the Down side :-

In case negative opening below 17219 & fresh negativity below trend deciding level 17190 then primary Supports are 17150/133 & then 17111. If breaches then only 17095—17058 & 17033. Should hold 17000 as intra basis. Swing basis 16900-16800.

On the upside :-

17300/330 pivot hurdle. Intraday basis fresh positivity only above that but several barriers are there in between 17355 <20dma > to 17455 <50dma > range. 26dma & very crucial barrier as swing basis at 17520.

As per OI data main expected range is 17000 to 17500.

India VIX weekly up by nearly 19% & settled at 22.16 on Friday.

Source : Eureka

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