A break of 17,450 could take Nifty down to 17,230

A break of 17,450 could take Nifty down to 17,230

Benchmark Nifty slipped below its 100-day moving average after a sharp fall of 2.5% last week. Most technical indicators suggest the bearish momentum could continue into this week, according to technical analysts. Crucial support is seen at 17,450, and a breakdown below this zone may attract further selling towards the 200 DMA of the 17,230 … Read more