NIFTY is looking Bearish.!
Anything below 17300, will open the path towards 17150 and if that is also broken then 17050 level may come. As you can see that the upward channel is going to break, so there is a possibility of retesting the downward channel and 200 EMA level which around 16600-16700 level. Things can be reversed above 17650 closing.
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