From point of analyses Nifty is Neutral in weekly , weak in Daily and 15mint charts. World market – Weak trend Asian market – Weak trend SGX – Gap down open around 70 points and moving down wards. Nifty50 Future – Gap down open around 67 points and moving down wards. The market may open GAP DOWN ,then it will move according to sustains of support or resistance levels as bellow The major support zone 16892 crossed bellow and sustained then fall to16782,16712,16641. The major resistance zone 17047 crossed above and sustained then move further up ward to 17095, 17143,17202.
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