Nifty Analysis of 29-11-2021
Nifty broke 17200 level and made low of 17000 level.
This is due to panic selling, which has came due to new variant of corona virus was found in South Africa, which is spreading fastly to other countries.
Nifty resistance level 17200 and support level 16950 - 17000 and next support level 16750
If 16950 level breaks, then one can go short.
Look for sell on rise opportunity tomorrow
Expecting gap down opening tomorrow in Nifty.