Indice NIFTY 50

Nifty 50 Next Week Prediction

208
As per my previous chart i have says that nifty will close near about 17400-17500 range, nifty was close its april session in 17378.
its successfully broke its previous trendline whitch i have marked on black lines,
overall chart says nifty is bulish,
Resons behind its bulish.......
1) Trendline broken
2) Previously support taken from RSI 39.98
3) Again now its taking support from 39.98
4) RSI is on Raising movement
5)Taking support from its new bullish trendline

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