Possibility of breaking this low of 17785 and (b)reaching 17500 is more likely to clear out weak hands before Budget and expecting a sharp Short covering on Budget day But before that the downside is unpredictable. The yearly pivot is around 17000 which is also possible for next bull run till 19900 to 20000
Note
17500 was broken on 27-Jan and is broken today (30-Jan). Lets see what the market has in store. Waiting for 17000 to be broken.
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