Mighty Nifty - Weekly Review Mar 13 - Mar 17

Price is forming a rounding top pattern and the support for it is at the zone 17240 - 17280. Buy above 17300 with the stop loss of 17240 for the targets 17360, 17420, 17480, 17540 and 17580. Sell below 17200 with the stop loss of 17250 for the targets 17150, 17100 and 17040. If the price is taking support at the zone 17400 then it will face resistance at 17560 - 17590 zone.