Nifty is currently at the crucial overhead resistance of 17,800 levels, and a decisive breakout of this area could pull Nifty back into upside momentum. Any weakness from here could find important support around 17,450-17,400 levels, say analysts.the support for Nifty has shifted around 17,450 levels, while on the upside, 17,770 may act as an immediate hurdle.
Dalal Street Week Ahead: Time to get cautious & defensive after Nifty’s swift runup
From a technical standpoint, the previous week has created a gap. In the process, the index has shifted its support zones higher in the range
December 9, 2023