- nifty is forming a downfall range - bottom tangent line is acting as a support - 15905 is a good support area for nifty currently market is heading towards 17777 area -from 17777 area, after break of 16741 levels we can see levels of 15017 -then we can see again upmove of 16741 -from 16741 area market will head towards 13967 area