NIFTY 17200 - Support. Both Long and Short build up. Longs - 3 | STOCK KING (OFFICIAL)

NIFTY
17200 - Support. Both Long and Short build up.
Longs - 39.73L (Intraday - 13.39L)
Shorts - 11.47L (Intraday - 9.01L)
17300 - Congestion zone earlier Support.
Long unwinding and Short build up.
Longs - 39.06L (Intraday - 14.37L)
Shorts - 40.88L (Intraday - 34.58L)
17400 - Resistance. Long unwinding and Short build up.
Longs - 22.30L (Intraday - minus 9.66L)
Shorts - 51.18L (Intraday - 26.55L)
17500 - Resistance. Long unwinding and Short build up.
Longs - 20.13L (Intraday - minus 9.34L)
Shorts - 78.26L (Intraday - 12.73L)

BANKNIFTY
36500 - Support. Short build up.
Longs - 21.29L (Intraday - 10.47L)
Shorts - 9.10L (Intraday - 7.27L)
36800 - Congestion zone. Long unwinding and Short build up.
Longs - 8.23L (Intraday - 1.77L)
Shorts - 9.43L (Intraday - 8.15L)
37000 - Resistance. Short build up.
Longs - 12.07L (Intraday - minus 3.49L)
Shorts - 23.48L (Intraday - 8.23L)

Data is still negative. NIFTY 17300 Support now Congestion zone with increase in Short positions negative indication for market.
Short positions are increasing at higher levels. VIX is increasing. Dow FUTs also came down. Most of the signals are negative for the market.
Take Short positions for each rise in the market. More fall is expected in the market from the higher levels.