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.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.