Manish Hathiramani, Proprietary Index Trader and Technical Analyst, Deen Dayal Investments
We closed well above 16,600 which is a good start to the new series. We should be heading to 16,850-16,900 which is the next level of resistance for the index. For now, the stop loss level for the Nifty stands at 16,400 but it shall be updated on Monday.
