Angel Broking: The trend deciding level for the day is 16,813/5,061 levels. If Nifty trades above this level during the first half-an-hour of trade, then we may witness a further rally up to 16,953-17,175/5,107-5,178 levels.
However, if Nifty trades below 16,813/5,061 levels for the first half-an-hour of trade then it may correct up to 16,591-16,451/4,990-4,944 levels.