Nifty has continued its parallel channel trend.. Heavy selling witnessed at 17150 as per trend line . Uptrend can only be expected after 17200. If Nifty breaks 16930 tomorrow, we can see level of 16830 by tomorrow only. Idea is for educational purpose.
Nifty is moving in parallel channel. If the previous trend continues and faces the resistance from line drawn , then path marked by yellow line could follow. Just sharing for educational purpose.