ajinkyadiwakar717

NIFTY important support resistance areas

Short
ajinkyadiwakar717 Updated   
NSE:NIFTY   Nifty 50 Index
NIFTY NIFTY may bounce back to first resistance of 17300 level before carrying on it's downtrend till 16800 level once it breaks the strong support area in 1 strong bearish candle, max bounce nifty can give will till 17500 level.
Comment:
as explained, nifty retested the fresh resistance zone with gap up and then started down fall again, we did managed to reach strong support zone by the end of day, hoping that you guys made nice profits today!

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