Big fall expected in NIFTY below 16900

٤ مايو ٢٠٢٢

NIFTY has tested the 16900 levels thrice now. Expecting a break of this level with a big candle, and then a further following down move towards 16700 levels. 17000-17050 will act as a resistance with immediate support at 16900. If this level is not broken, a flat expiry is expected tomorrow around 16900.