Nifty Financial Services Index
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FINNIFTY WEEKLY ANALYSIS

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Looks like two legs sideways to down might be seen in FINNIFTY. The tight bull channel, breakout of the trend channel line should set up a reversal, Since it is a tight channel, in a strong bull trend, any reversal should result in side ways movement, rather than a bear trend. The reasons for the bars to move higher or lower are mentioned in the chart

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