Description
⋅ Nifty took support from 50SMA and recover 45 point from low.
Nifty spot 9712 is confluence of Trendlines support .
Bears will have upper hand only below 9712-9700 , these levels may change overall Trend of Nifty from bullish to Bearish .
Bulls will try to defend 9791 which is 50 SMA and 9712 which is Trendline support. Above 9865 Bulls to have upper Hand.