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Nifty 50 Index

NIFTY 50 POSITIONAL SETUP

By Rahul_vrma
nifty 50 following both trendlines perfectly and can give us a good target either sides if it breaks upside trendline or 18000 level and close above 18000 in one hour timeframe then we can create a long position in NIFTY50 . If it breaks downside trendline or 17850 level and closes below 17850 on one hour time then it can give us a target of 300 points in downside . 200EMA will also react as both support or resistance both sides.
Chart PatternsTechnical Indicatorsnifty50nifty50_price_targetsniftyanalysisniftyindianiftyviewpositionaltradeTrend Analysis
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