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akanalysis
All About Indices
If nifty sustains above 17285 from here on without going down much then we may see a short rally upto 17600-17650 range... Atleast..
If it does then the bottom for NIFTY is confirmed as per analysis at 16400 and chances of going below this level once it breaks and sustains above 17285 is too less..
However major breakout for probable new High is at 18210 only...
Hint : Stock specific rallies will start before NIFTY starts to look strong so be stock and sector specific..
Dec 30 7:29 PM
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IDX:NIFTY 50 price when posted: 17,225.35

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