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Nifty 50 Index
Long

Nifty50 Channel Breakout Confirmation: Key Level to Watch

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We are observing a potential channel breakout in the Nifty50 index from 03 MAY to 03 JUN. To consider this breakout valid, the index must sustain above 22,350, confirmed by a 1-hour candle closing above this level. Keep an eye on this threshold for confirmation of the breakout.
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breakoutChart PatternsTechnical Indicatorslongsetupnifty50niftytrendTrend Analysis

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breakoutChart PatternsTechnical Indicatorslongsetupnifty50niftytrendTrend Analysis
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Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.