NIFTY bounces from important level.

I had asked to sell at 17154
I think it just went above it 17160
today sgx nifty 17030
tomorrow down ward movement of nifty may continue or not only breaking of today's low will tell
those who have position keep stop loss now 17160
critical level for nifty 17128,17159
in the upside.
Today's candle is doji candle. In hourly time frame nifty is still in over sold condition.
hence bounce can not be denied
stop loss at 17160
it has not crossed the center line of the channel
I would like to tell that further breakdown only possible if nifty breaks this channel. This channel I have drawn considering waves. .
here correction is complex and nifty has bounced from imp level
high and low of nifty today both are important
FII selling 3332 corers DII buying 4611 corers
Trend reversal only can be known from tomorrow's closing
for any short position strict stop loss 17160
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