Nifty Shorting IDEA - 17646

Updated
Expecting fall in nifty from 17646, Please do you own analysis
Note
Nifty Crossed My levels , If nifty crossed 17780 this view is totally invalid!
I still strongly believe this is a fake break out. Not a favourable risk to reward.

I closed my longs at 17630 ish today. Lets see after clear confirmation will punch shorts. No trading zone now!
Note
Added few more shorts yesterday, Looks like this might work out well.
Note
Still believe this is a fake out! I think 16400 can be taken out!
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