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

Long
Nifty 50 Index (NSE:NIFTY)  
Happy_Candles_Investment  
NSE:NIFTY   Nifty 50 Index
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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