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Nifty looking to form Base

Long
S&P CNX NIFTY INDEX FUTURES (NSE:NIFTY1!)  
stocktrends  
NSE:NIFTY1!   S&P CNX NIFTY INDEX FUTURES
Trend Analysis Chart Patterns NIFTY nifty50 niftyanalysis niftytrend
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trendanalysis chartpattern nifty nifty50 niftyanalysis niftytrend
Nifty might have made it's low / base

It seems retracement till 17450 - 17500 - 17700 cannot be ruled out..

It does not look too bearish unless it breaks the latest trend line on 15 min chart
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