Index @ a crucial level

#Nifty - Last Friday Nifty broke out from the trendline but open with a gap and failed to hold at higher levels. Today its preparing to open near support of 17070.

If the index took support @ 17k range and bounced then it can be considered as retes. Levels on highers side - 17160, 17270, 17350 & 17420

On down side Supports - 17070, 16950, 16775

#Note - The idea is shared for educational purpose and not a trade recommendation, Please trade after consulting your trade advisor. We don't give any assurance of profit or loss.