Nifty 50 Index

Pretty Nasty day with Kneejerk reaction to Powell's speech

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Pretty Nasty day with Kneejerk reaction to Powell's speech as expected. One reason to smile today was fantastic recovery from the levels of 17166. This is the key level now. holding 17166 will be very important for Nifty.

Resistance levels: 17392, 17495 and 17736.
Support Levels: 17166, 17026 and below it 16950.
Total Bearish takeover below 16703.

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