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Good morning

Yesterday, the Nifty opened the day flat with a positive bias, and displayed a strong rally during the day to close the day at around the day’s high.

For today, the Nifty is expected to open with a negative bias on global cues. Strong and immediate support is now at 17550. Now, till the time this support is held, the Bulls will rule. The immediate resistance is at 17650.

Further updates during live market hours on our Telegram channel.

For the Bank Nifty, immediate support is now at 38800. On the higher side, the next resistance is at 39400 which should be tested soon.

Wishing you a profitable day ahead!!!