NIFTY stuck in a triangle pattern

NIFTY is perfectly following the trend lines on top and bottom forming a triangle pattern. 17150 on the lower side is a big support even if 17350 is broken on daily chart. On the upside, 17400 is now a resistance. Unless the trend on either side is broken decisively, NIFTY looks sideways.

DISCLAIMER: I am not a SEBI registered advisor. Views strictly personal and for educational purpose.
Chart PatternsTechnical IndicatorsTrend Analysis

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