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Nifty brokendown key support 17070-17000 zone today. Bears getting Strength.

 Nifty cmp 16950.  Bulls failed to hold key support zone 17070-17000. Bears getting strength. More selling pressure ahead. Once nifty break and close below 16800 spot level, we can witness more selling pressure towards 16400--- levels in coming sessions. Resistance 17150-250. Supports 16800-700/16400/16100. Regards, Suryadev Bandari Research Analyst www.earningwave.com

#Bulls stepped in Again.

 #Bulls stepped in again and market bounced from day low after my update in the morning. Now , 17525 is significant level to watch out for uptrend resume. 17350-300 significant support zone. Regards, Suryadev Bandari Research Analyst www.earningwave.com