Nifty- 17757 is the next resistance

9 Şub 2022

Nifty made a bullish green candle helped along by spirited buying by DIIs outgunning the FIIs net buying 901cr. PCR increased to 0.78 which continues in oversold zone. CPR is just 38pts wide below todays close, so will act as a support and indicates a trending market. Weekly expiry as per max pain is at 17400 which could move up a notch as nifty trends higher tomorrow. What do you think?