Previous swing low support is placed at 17,254 which can act as immediate support for the Nifty. : Pre-configured baskets of stocks & ETFs that you can invest in with a single click. Developed by hedge funds, global asset management companies, experienced wealth management firms and portfolio managers. Curated markets data, exclusive trading recommendations, Independent equity analysis & actionable investment ideas Nifty has fallen more than 2 percent from its recent top of 17,792.95. The index has violated the short-term support of its five-day exponential moving average (EMA) but is still maintaining its level above 10 and 20-day EMA supports.