If break it may act as a Support .....Until it is a good Resistance. If price strongly break above 17200 .. level to be observed is 17300 at least will observe some pullback for target of 17400-17450 level. If price strongly break Below 16950 .. level to be observed is 16800 at least will observe some pullback for target of 16600 level.
Note : False Breakouts may happen at 17200 and 17800 levels.
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**If these ideas are Helpful ! Please Like, Follow and Comment Also share your thoughts in the comments section. Thanks for your Support ** --Educational Purpose Only-- --Not SEBI Registered--
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.