Nifty view for 02/07/22

Nifty has given a good move and The moving averages are close enough.

The market remained in a bullish mood and closed above 17300 gaining around 1%

The market has stretched and can retest before giving another momentum.

Support:- 17400-30, 17500(round figure)
Resistance:- 17280, 17100

Wait for the price action near the levels before trading the markets.