Nifty Heading to 17500? | Bank Nifty Remains strong – Neal Bhai

“Going forward, bias would remain corrective as long as the index continues to form lower high -low formation. Holding key support of 16800 levels in coming sessions would lead to a technical pull back towards 17500 as index has approached oversold readings ahead of key events,” said Raushan Kumar, Derivative Analyst, IIFL Securities.

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