Bullish Setup Formed in Nifty.
A positive Bullish Divergence also Can be spotted.
One can go long if gets opportunity to enter at 17160-17200.
with a strict SL of 17145.
Strong resistance 17385-17430 range.
If nifty Manages to close above 17450 we may see nifty touching 18000 levels again.
GLOBAL CUES -POSITIVE
OPTION CHAIN WEEKLY& MONTHLY SUPPORTING CURRENT UPMOVE TREND.
17000 Strong Put writing, Strong support for this week.