Nifty Reversal Point 17062: 0.236 of the range

chetanpathare Updated   
NSE:NIFTY   Nifty 50 Index
no points for guessing the reversal point 17062
Range and exactly at 0.236 of the Range, we again got a reversal.
today's High was resistance at the trend line.
17589.65 is 0.786 level of the range formed after taking support at 0.236 level.

Taking support of this level, we move further up above 17794.6 above 1 level, previous high of 2nd Feb.

We may also find backtesting of the trend, before we move further.