Bottomline:
Nifty50 has taken resistance on the Keltner Channel middle line and pulled back down side. Breaking of the low of 17990 will push the prices further down to 17810 – 17800 region in the short term. Lower band of the Keltner channel will act as a support which is 17715 – 17700 region.

Crucial Levels: 18128, 18173
Resistance: 18129, 18173
Support: 17810 - 17800, 17715 - 17700

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Disclaimer:
This is intended to provide general and preliminary information to investors/ traders and shall not be construed as the basis of any information decision or strategy. This content is intended to be used and must be used for informational purpose only. It is important to do your own analysis before making any investment based on your own personal circumstances.