Nifty has been under continuous selling pressure since the time it touched 17940. In the short term, the price may rebound from somewhere near 17430. But if it doesn't rebound from here, we still have a support zone near 17225-17250. No aggressive selling should be done before 17225 gets taken out.

Happy trading!

johntradingwick
-NSE Certified Technical Analyst
-NSE Certified Fundamental Analyst

Disclaimer: This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.
Chart PatternsTechnical IndicatorsNIFTYnifty50niftyanalysisniftytrendTrend Analysis

Rajat Kumar Singh,
B.Tech (Delhi Technological University)
Global Community Manager, TradingView

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