1. close near upper side of channel with rejecting buyers (Long upper wick) nifty may go downside towards lower channel line to take support or break
2.This is combination of horizontal support and channel line support, high chances of take support at this level, we can take CALL with low risk, Upper target will be channels upper line
3. if falls, nifty easily reach to that support lies
4. if support breaks down side, nearest target will be :17450NIFTYNIFTY
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