NIFTY Analysis

Daily Time Frame: Inverted Hammer Candle (But weak signal)
RSI=37(Bearish momentum)
Max Pain: 17200 (Bullish)
MT Outlook: Short Buildup (Bearish)

Falling Wedge Pattern breakout now it's retesting again (Let's see whether breakout is false or not)
Resistance Zone: 17165-17190
Upside Targets: 17340-17360, 17530-17550
Support Zone: 16995-17045
Downside Target: 16880-16996