Nifty 2/10/22
Failure to hold ~16400-340 calls for new lows and expecting 14700
Major level 17300-430 (as long as below this pressures bulls)
If 17430 is taken over by bulls expecting new highs 18350 and above.
With september closing bearish.... I am a bit bearish, but obviously not a good place to be short here. 16340 and below is where real short opportunity is as per current environment.
*All this are higher timeframe levels and take time to playout.