NIFTY in sideways zone

NIFTY has reversed from the fibonacci resistance at 17780. Supports are strong at 17580 and 17420 levels on the daily chart. Until 17780 or 17580 are broken, expect to see NIFTY between this 200 pt range.

DISCLAIMER: I am not sebi registered investment advisor. Views are personal and not meant as trading ideas. Please exercise caution.