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Market Outlook For the Next Week 21st to 25th Feb 2022

Nifty 50 Index (NSE:NIFTY)  
Happy_Candles_Investment  
NSE:NIFTY   Nifty 50 Index
Trend Analysis Support and Resistance Candlestick Analysis niftythisweek niftynextweek nifty50 niftyanalysis NIFTY niftytrend
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trendanalysis supportandresistance candlestick niftythisweek niftynextweek nifty50 niftyanalysis nifty niftytrend
Market can move in either direction purely based on news related to and Geo-political events. Other important aspect that can give direction to the market US Fed taper and Local Election results in some important states in India. Important levels to watch for on the up side will be 17303, 17393 and 17433 which will act as resistances. Above these levels in case of some good news coming during the week related to Ukraine and Russia tussle can give wings to the market and take it to 17486, 17582, 17664 levels. Supports in case of some unwanted news can be at 17241, 17213, 17080 and 17026. Below these levels major support will be 16919 and 16807.

Extreme possibilities for the next week are:
Extreme upside would be : 17797
Extreme downside would be : 16425
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