As we can see NIFTY is showing more of indecision like scenario in daily time frame excatly around trendline which shows nifty took support at its trendline and got rejected but on the other hand we can see more like an HEAD and SHOULDERS pattern in daily time frame and level of 17400-17500 is acting as its neckline hence if nifty couldn’t sustain itself above 17400 level we can see nifty breaking the trendline below and also a trendline breakdown giving a huge fall so keep watching everyone