• Major resistance - 17300
   
• The index has broken minor resistance around 17000 and jumped till 17097 at the time of writing slightly recovered after making a low of 17014. It is currently  trading around 16664.Short term trend is bullish as long as support 16500 holds.
   
• On the higher side the index is facing major resistance around 17300 and  any break above 17300 will take the index to next level till 17520/17750.
   
• The index major support is around 16450 and break below targets 16000/15500.
   
• Short term bullish invalidation only below 15500.
   
• It is good to buy at dips around 16750-800 with SL around 16420 for the TP of 17300/17520.