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.
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.