Hi,
Last thursday nifty cross 16900 ...
Why I mean 16900...
It means 16900 is the one of the major support and resistance level...
U can see the chart the trend line crossed 16900
And another one major supporting point 17000.. When nifty broken this two point... No chance nifty doesn't broken... Something happen in the global economy after that think.. Ok now come to the point for the coming munday nifty definitely open above 17250..because no stong resistance available in between gap .. Intraday resistance level 17450& 17600..nifty coming muth of august 11 reach 18000
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