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- Major support -16500 ( 7 day EMA)
- The index has broken major resistance 17035 and jumped till is currently trading around 16908.
- The index is facing minor resistance around 17200 and any break above targets 17400/17780.
- On the lower side minor support is around 16500 and break below targets around 16200/16000/ minor support is around 16800.
- Short term weakness can be seen only below 15500.
It is good to buy at dips around 16700-750 with SL around 16400 for the TP of 17250/1778016800
