#nifty trading at Fence.
Bleeds below 16950.
Resistance 17175.
Stay alert with stoploss.
Sustain below 16950 can trigger severe selling pressure.
Options Data favoring Bears.
Regards,
Suryadev Bandari
Research Analyst
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#nifty cmp 22597. #Bulls strongly holding key supports. 22350-440 zone. As long as nifty trades above this zone, its poised to make breakout all time high. Upside resistance trendline around 23110-23250 zone. Regards, Suryadev Bandari Research Analyst #tradingview #investing #stockmarkets #elliottwave #earningwave #suryadev
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