Though Nifty rallied from low to recover some lost ground, it is still negatively biased. It is likely to open Gap Down. 19550-60 forms a strong resistance now.
Support levels are 500/423/350.
If Nifty Bounces back and sustains above 19600, we could see raise back to 19700 levels and above.
Support levels are 500/423/350.
If Nifty Bounces back and sustains above 19600, we could see raise back to 19700 levels and above.