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Nifty Weekly Analysis

Indice Nifty 50 (NSE:NIFTY)  
Abhi_The_Chart_Reader  
NSE:NIFTY   Indice Nifty 50
Support and Resistance Trend Lines Trend Analysis nifty50 weeklyanalysis indianmarket indianstockmarket shortsetup
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supportandresistance trendline trendanalysis nifty50 weeklyanalysis indianmarket indianstockmarket shortsetup
This Analysis is not a trade recommendation, this study is purely for education purpose only, Do your own Study and Research before getting into any trades.

NIFTY Weekly Analysis.

Currently Nifty is showing weakness on chart:-
1. Did not touch the upper Bollinger Band.
2. Continuously decreasing RSI.

If it fails to get support at the 20 SMA line, then there is a chance that nifty may touch the lower Bollinger Band at S3
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