Nifty View: A strong opening to the week from the benchmark Nifty index today. A gain of over 200 points to inch very close to the next milestone - 17,000. There is no dearth of momentum and resilience and so we should not question the possibility that this 17K level will be breached. However intraday charts are a little stretched in terms of momentum indicators and so a slow down is likely ahead this week. Please watch the video for a more detailed analysis.
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