- Major resistance - 17000
- The index has jumped till 16913 and slightly declining from that level. It is currently trading around 16840.Short term trend is slightly bullish as long as support 16275 (55 4H EMA) holds.
- The index major resistance is around 17000 and any break above will take the index to next level 17300/17600/17878 (29th Jan 2016)
- On the lower side minor support is around 16550 (200 day 4 HMA) and break below will drag the index down till 16275/16000/15700 IN short term.
- Short term weakness can be seen only below 15000.
It is good to buy at dips around 16500 with SL around 16275 for the TP of 17000/17300.


FxWirePro:EUR/NZD gains slightly as ranges remain tight ahead U.S. inflation report
FxWirePro: EUR/NZD neutral in the near-term, scope for downward resumption
Major Pair Currency Score: GBPUSD and AUDUSD Extremely Bullish, NZDUSD Bullish
FxWirePro: AUD/USD range bound ahead of RBA policy decision
FxWirePro: USD/CAD hits two-month low as oil prices rise
EURGBP Weakens After Doji – Bearish Bias Intact Below 0.8600, Sell Rallies
GBPJPY Consolidates Above 215 on Bullish Momentum: Buy Dips Toward 217
FxWirePro: GBP/USD gains above 1.3500 ahead of key U.S. and UK data
FxWirePro:' USD/CAD faces downside risk below 1.4000
FxWirePro: USD/CNY hovers near 3-1/2-year low ahead of U.S. data
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Crypto levels and bias summary
GBPJPY Surges on Yen Weakness – Bullish Dip Buy Eyes 217
FxWirePro: GBP/NZD gains some upside momentum, but outlook is bearish
NZDJPY Bullish at 365-EMA Support: Buy Dips Toward 95 Target
FxWirePro: USD/ZAR edges higher after weak SA jobs and manufacturing data
FxWirePro- Major Pair levels and bias summary 



