Angel Broking: Nifty 3170 is trend deciding level

Angel Broking in its market outlook says that the trend deciding level for the day is 3170/10890.

As long as Nifty trades above these levels, a rally upto 3195/10965 can be expected.

If Nifty manages to trade above 3195/10965 expect further rally upto 3234/11116.

However if Nifty starts trading below the trend deciding level then we may witness a further weakness and a fall upto 3136-3110/10735-10658, where buying may emerge.