“A sustainable move above 17,550 levels could be considered as an upside breakout of the range and that could pull Nifty towards the next important resistance of 17,800-17,900 levels in the near term. Immediate support is placed at 17,430 levels.”That said, here’s a look at what some key indicators are suggesting for Wednesday’s action
Negative Breakout: These 10 stocks cross below their 200 DMAs
In the Nifty200 pack, 10 stocks’ closing prices crossed below their 200 DMA (Daily Moving Averages) on June 23, according to stockedge.com’s technical scan data.