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NIFTY also formed double bottom pattern..?

NSE:NIFTY   Nifty 50 Index
NIFTY also showed some strength finally and formed double bottom pattern whose neckline has been around 17490 but 17500 being a round level and important psychological level hence these can act as an important RESISTANCE and hence sustainment above 17500 we would make new buying positions for another 60-80 points rally

On the other hand If NIFTY is sustained below 17440 then we can also see 17300 levels in coming sessions

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