On the weekly time frame, Nifty has broken the yellow support line and went below 17000 today, however, we got closing above 17000.
In our previous analysis, we gave a Target of 16600 on the downside but Nifty looks weaker on Weekly Time-frame and is expected to test 16000-15950 levels in a few weeks.
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
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