Recovery from the low suggests strong buying zones while these stocks are likely to trend tomorrow.

Indices end marginally lower i.e. about 0.25 per cent. Nifty witnessed huge volatility in the range of 17,200-17.400.   

Recovery from the lower levels indicates that the market participants actively participated in these stocks at the lower levels.

Nifty ends Monday on a weaker note, down by 0.8 per cent. Sensex falls over 400 points, dragged by the realty, media, and PSU Bank stocks. 

An important point to watch out for would be the FII selling. If FIIs turn out to be the net buyers, we would see Bank Nifty performing extremely well as FIIs hold a major stake in the banking stocks.   

The 17,613-level happens to be major resistance as it is the prior swing low, and any closing above it will pave the path for 17,700-17,800 levels.

Recovery from the lower levels indicates that the market participants actively participated in these stocks at the lower levels.

As Friday’s session came to an end, Nifty recovered in the last hour to close above 17,500. .

Recovery from the lower levels indicates that the market participants actively participated in these stocks at the lower levels.     

The Indian benchmark index i.e. Nifty has recovered from the initial selling pressure and is currently, trading above 17,500.