NSE:NIFTY NIFTY is in sideways structure and can can start falling again if gives 15 min negative candle close below 16965/16938 zone , in case of gap up can look for shorting opportunities from resistance zones if we get a negative candle in/near resistance zones on 15/30 min time frame.
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nifty took support from 17023/17008 and tried to reach 2nd resistance area after coimg down from resistance zone 1.