Nagaraj Shetti, Technical Research Analyst, HDFC Securities, said as long as the Nifty sustains above the support of 17,300-17,200 levels, there is a possibility of an upside bounce from the lower levels. One may expect broader range movement for the Nifty around 17,700-17,800 on the upside and 17,300-17,200 levels on the downside for the near term, he said.
