Vidnyan Sawant of GEPL Capital believes the Nifty will face strong resistance at 17,600 and 18,200 mark. On the flip side, the support levels would be placed at 16,900, 16,720 and 16,450.
Karan Pai of GEPL Capital believes that for the coming session, the 20-week SMA (17,200) is going to act as a make-or-break level. If the prices breach the 17,200 mark, we might see the prices move
Nifty could be rangebound between 18,200 and 17,600 levels. It has a resistance placed at 18,200 followed by 18,345 and 18,604, says Vidnyan Sawant of GEPL Capital.
Expert: Pushkaraj Kanitkar, VP - Equities at GEPL Capital.
We believe, the Nifty will be rangebound between 18,200 and 17,600, said Vidnyan Sawant of GEPL Capital.