October 06, 2022 / 04:54 PM IST Manish Shah, Independent Technical Analyst Nifty gapped higher for the day but it closed at the low of the day giving us a red candle. Nifty has now moved above the previous swing low. On the upside, Nifty has major resistance at 17550-17600. There should be selling pressure at this level. Expect Nifty to be very volatile in the next couple of days. Bank Nifty saw a bit of a decline from the highs and the price action shows a bearish shooting star pattern BNF shows selling pressure from the resistance at the Gap area between 39200-39400. Source - Money Control #stock #stockmarket #nifty