S&P CNX NIFTY INDEX FUTURES
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Nifty Strongly Bullish

40
Chart Analysis for 28th Dec.

Nifty is moving in a channel and trending up
with HH and HL towards the major resistance.

Options:
Call sellers are short covering their existing positions upto 17300.

17000 is the major support and 17400 to 17500 are the
immediate & major resistance.

View: Strongly bullish.

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