Nifty Weekly Analysis
Symmetric Triangle Pattern in hourly time frame and doji candle in daliy time frame (Sign of a neutral market)
Consolidation Range: 17450-17610
If this range is broken upside and it sustains above that level then
Next Upside Target: 17700
Resistance Zone: 17730-17800
Next Upside Target: 17910
For downside Support Zone: 17450-17610
Downside Target: 17325
Next Support Zone : 17325-17250
If this level is broken downside then
Next Downside Target: 17050
Next Support Zone: 17050-16900
Next Downside Target: 16765
Consolidation Range: 17450-17610
If this range is broken upside and it sustains above that level then
Next Upside Target: 17700
Resistance Zone: 17730-17800
Next Upside Target: 17910
For downside Support Zone: 17450-17610
Downside Target: 17325
Next Support Zone : 17325-17250
If this level is broken downside then
Next Downside Target: 17050
Next Support Zone: 17050-16900
Next Downside Target: 16765
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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.