NIFTY Unable to cross critical resistance again.

Yet another day when both FIIs and DIIs were buying NIFTY not able to cross critical resistance. NIFTY today made a high of 17559.8 and ended in negative 17464.75 which is 33.5 points lower than yesterday's close. The markets are indecisive about direction the rally will go on or halt for a while as consolidation continues. Supports on the lower side will be at 17390, 17123, 16988 for now. Resistances on the upper side will be near 17560, 17628 and finally 17778.