NSE:NIFTY   Nifty 50 Index
Nifty breaks the channel and forms double Bottom. but the six nifty shows bearish move, if it sustains above 16088 immediate resistance will be 16390, then if it breaks 16490 we can expect next resistance as 16600 . Or else there will be bearish move and nifty will touch again 15700 level. Watch the levels carefully and trade accordingly.

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