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Strong headwinds around 17400-17460 zone stands as the immediate resistance to negotiate within the ongoinguptrend.Breakout GAP around 17000-17100 zone is expected to act as a dependable support zone as the index witnessedmulti-times strong recovery from the same. The immediate support zone for the week stands firm at 17150-17000zonewhileitsprice trends above its 5DEMA Zone 17090. While the upside remains open till 17450-17650 zone for this series. Bothtrendstrength indicators remain in bullish mode as RSI stands at 55 while ADX has been trending back towards its 25zone. Expectthe on-going bullish momentum to accelerate once above 17460 while the same could be jeopardized incasetheindexbreaks down below 17000 from hereon. FII action turning positive for the first time after almost 2 months alsocomplimentsbullish momentum to sustain. Hence expect strong sector rotation driven strength to be witnessed which couldpushtheindex eventually towards 17650 mark while the base remains firm at 17000.

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