Nifty 50 Next support 16950 & 16744 Fib Retracement

Nifty broke the the trendline support, next support at 16950 & 16744 as per Fib Retracement, try to short market after retest.

17085 could work as a Resistance.

16744 could become a reversal level.

This information only for Educational purpose.

Chart PatternsFibonacci Retracementnifty50Trend AnalysisTRENDLINERETEST

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