Nifty has been taking resistance from its 20 ema on hourly and 15 minutes time frame.
There isa bearish moving averages crossover on 4 hour time frame.
The markets are for scalpers now, intraday and swing trades can give losses in option buying.
Support :- 17000, 16940, 16850
Resistance :- 17090, 17150, 17200-10
Just wait and watch the market before entering the markets.