Nifty closed on bearish note and the global parameters still showing some selling pressure. Nifty is at decent support and CPR should act as a strong resistance for Nifty.
watch out for 17468 as a good resistance and any resistance confirmed around these is again a selling opportunity in nifty today.
In case of Bullish Reversal zone of 17325 compromised we can expect possible 17250 levels and lower.
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