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NIFTY just below 50days EMA. If 50 EMA broken expect more +ve

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Indeks Nifty 50 (NSE:NIFTY)  
Happy_Candles_Investment  
NSE:NIFTY   Indeks Nifty 50
Trend Analysis Support and Resistance Candlestick Analysis NIFTY nifty50 niftyanalysis niftytrend niftyindia niftyoutlook
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trendanalysis supportandresistance candlestick nifty nifty50 niftyanalysis niftytrend niftyindia niftyoutlook
As the NIFTY has closed just below 50 days EMA. Once the 50 days EMA is crossed. We can expect rally to continue. Ideal situation will be NIFTY opens gap up above the resistance.

Important resistance levels will be: 17254, 17423, 17666.
Important Support levels: 17074, 16960 and 16862.
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