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LoveForCharts
Sep 30, 2021 9:11 PM

Nifty, overbought conditions, expect a rangebound move - Weekly  

Nifty 50 IndexNSE

Description

Nifty weekly charts showing signs of possible pullback. Price trading on the upper Bollinger band with RSI near overbought zone and looking downwards.

Ascending triangle formation on the RSI too. Look for range breaks.

Play the range and the range breaks!
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