Nifty Trend and Pattern Analysis - 1 Hr (Aug 31)

excepting Down Move from here(False Breakout from channel)

This case is valid until Nifty reverse below 17992

Possible Support:
1)Nifty can take a support bw 17108 to 16950 zone (Gap Filling Area)
2) Fib level of 1.236 (16971)
3) bottom of parallel channel