Nifty as expected couldn't cross and sustain the Resisitance level of 17320.
The market has streched and a retracement was pending.
On hourly time frame the trend look bearish and market is just near a short time support of 17110.
Wait for the levels and price action to for a pattern.
Support :- 17110, 17000, 16700
Resistance :- 17200, 17320.
The market has streched and a retracement was pending.
On hourly time frame the trend look bearish and market is just near a short time support of 17110.
Wait for the levels and price action to for a pattern.
Support :- 17110, 17000, 16700
Resistance :- 17200, 17320.