nifty view at area of value

Updated
16900-18120 is a consolidation zone on daily frame. Hence, for intraday as the market approaches the area of value i.e,16900,be cautious and preferably look for reversal after confirming it with Price - Volume relationship.
Note
Disclaimer : This is not a trading recommendation and I have the right to be wrong. Trade using this idea at your own risk
Technical Indicators

Disclaimer