Nifty 50指數
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NIFTY Weekly Chart Analysis

98
Stage 3 topping? Or new Stage 2 rally incoming?

NIFTY bounces hard off the key support (21,900 zone) after undercutting the base.
• Broke the Stage 4 downtrend (purple line)
• Strong bullish bar with volume
• Price reclaimed 30W MA, RSI rising from oversold
• Next test: 23,300–23,500 zone
• Long-term target: ATH >26,000 if breakout holds

This is where smart money positions.

Accumulation or Distribution? Watch volume next 2 weeks.

#NIFTY #NSE #TechnicalAnalysis #SwingTrading #Stocks

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