It has formed a hammer candle on weekly chart. Current week if not negative then it can go for Good uptrend. Below 30000-30500 range it can turn super bearish. Have a cautious approach
As Far as 355 supprort is not broken, chart is in the upward breakout area. This breakout is also shown in weekly chart
Trend has turned positive, going below 73 can reverse it to neutral or downtrend.
Although there has been a good breakout from 1750 levels still it could face Resistance around 1800-1850 levels. Crossing 1800-1850 it may get into its long term uptrend direction.
Nifty clearly in a range of around 14300 - 14900. An inside range is formed of 14500-14700. Any convincing breakout above 14700 or below 14500 can start a trend but a more confirmed one will be 14300 or 14900. Although bias is on upside as Nifty higher time frames are bullish and this month is result season which is expected to be positive.