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Nifty can bounce from Support.

Long
GIFT NIFTY 50 INDEX FUTURES (NSEIX:NIFTY1!)  
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NSEIX:NIFTY1!   GIFT NIFTY 50 INDEX FUTURES
Trend Analysis Support and Resistance Candlestick Analysis NIFTY nifty50 marketoutlook niftyindia niftytrend niftysupportandresistance niftysupports niftyresistances spotnifty
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trendanalysis supportandresistance candlestick nifty nifty50 marketoutlook niftyindia niftytrend niftysupportandresistance niftysupports niftyresistances spotnifty
Nifty can bounce from Support if it can sustain above the levels of Friday high. That is 19799 tomorrow or in the coming week. In this case the resistances on the upper side will be 19921, 19991, 20038 and finally 20176. Supports for Nifty on the lower side remain at 19502 and 19208 on the daily chart. The momentum it gained on Friday should continue on Tuesday otherwise the Nifty will remain side ways for a few days. Crossing and closing above 19799 levels is crucial for fresh leg of rally to start in Nifty.
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