Good morning 🙏

As per opening market is looking to open in slightly negative mode and yesterday we had seen a very good strong bullish rally by the market . So

Today Registance will be 16625/(16700-16715)

And support will be 16585/(16515-16500)

Today the level 16585 will be the decisive level. As yesterday market was very strong above this level as well as full trading day was above this level with closing also in above the 16640 and today market is opening in negative mode.

As Per Our rules of Levels, If any Level Break Decisively then that can changes its behaviour as reverse nature.

Disclaimer: Investment in securities market is subject to market risk, read all related documents carefully before investing. Angel or others Research may have provided recommendations or suggestions which carry a different view than the I expressed here. My view or suggestion is only on the basis of my experience and my current Technical knowledge only. The user may apply his discretion before placing any order.