As supply and demand levels mentioned in the chart. There is a weak buying from 17400-17450 Demand Zone. There is a high probability to brake 17400 and test 17000 in coming days.
I am considering this as a bounce from oversold market on lower time frame but still high timeframe is not oversold.
Still this is a sell on rise market below 17910.
I am considering this as a bounce from oversold market on lower time frame but still high timeframe is not oversold.
Still this is a sell on rise market below 17910.
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Scary Sanrio in Nifty....Sustain 17400-17380...there should be one way fall to 17000.