Is it a false breakdown in NIFTY

As analysed previously we did see a great recovery after being influenced by global scenario but going by the technicals we know that previously acting as a support will act as a resistance after its breakdown but since this breakdown has been made made due to global scenario and hence could be a false breakdown

Keeping ourselves in the safe side, we should not take any new buying positions until NIFTY sustains above 16860 as this level could act as a great resistance and hence we can take new selling position from there