Tuesday Market Outlook / Nifty Outlook For Reminder of the week

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Nifty is trying to break free from the bear grip on the basis of Global rebound seen around the indices across the globe. Real bullish break out in true sense will be when Nifty is able to break out and sustain above 17435 on weekly closing basis.

Support for spot Nifty will be at 17026, 16888, 16749 and finally 16461.

Resistance for spot Nifty on the upper side will be at 17270, 17435, 17646 and finally 17910.