NIFTY weekly charts

NSE:NIFTY   Nifty 50 Index
NSE:NIFTY looks exciting on charts on weekly as well. If you see my H4 chart analysis, we saw we were in an uptrend and crucial levels for resistance.

On the weekly charts too, we seem to have entered a nice uptrend. Important zones and levels have been marked for your reference.

Play long Nifty for daily time frames should be along the trend trades

A good closure (higher high) this week or the following one should be encouraging and will continue the uptrend. Important to note, RSI is still not oversold.

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