NIFTYClosed [16605] above 200 MA today(21-7) Formed bullish green candle and engulfing previous day`s candle. As my analysis 16663 is 1st resistance and 16793 is 2nd resistance for tomrw(22-7), and 1st support is 16495 and 2nd support is 16347.
I am not a professional of certifies analyst. I post my own ideas just for learning purpose. It is not any recommendation for trade on my analysis. THANKYOU.