Nifty Near the Lower High

alagarasan Updated   
NSE:NIFTY   Nifty 50 Index
This is weekly Analysis. Nifty 50 following the trend line, above 17350 it is going to break out to 17550. Else it might be falling below 17000 and go on till 16500.
Trade closed: target reached:
Thought about nifty down trend to continue but nifty had a breakout to upside and achieved it’s upside target

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