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NIFTY 50 Index | Weekly

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Trend Analysis Technical Indicators Chart Patterns nifty50 weeklyanalysis trendtrading Technical Analysis
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trendanalysis indicator chartpattern nifty50 weeklyanalysis trendtrading technicalanalysis
1) Trading between approx 16000-18000 Range.

2) Currently trading on Trendline Support around 16000.

3) Also, having subsequent RSI support as of now.

4) Flag & Pole pattern formation can be seen. Closure above 18000 approx may trigger a new Bull run (Target approx 29000).

5) M-pattern formation can also be seen. Closure below 16000-15500 may trigger further downtrend (Target approx 13000).
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