Today will be gap up opening in NIFTY. Strong upside rally possible in nifty if it is sustain above 17380 level. Upside 17425 will act as an immediate resistance after breakout of this resistance gives 17480+ new high in NIFTY. Strong downside possible once nifty started trading below 17335 level. Downside 17250 is a strong support in NIFTY.
