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SGX Nifty suggest a big gap down, 17180 first support

Oleh jay21shah
Before holidays, I wrote if Nifty can travel towards 16900-17000 in coming days. Seems that might happen. The weekend has not gone well and we are likely to see a gap down opening, and with global clues highly negative the fall is likely to get deeper, with tartes of 17180 followed by 16900 in the sight.


Immediate support 17180
Immediate resistance 17500
Chart PatternsNIFTYTrend AnalysisWave Analysis
jay21shah
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