In the Weekly Chart of NIFTY , we can see that, it is in downtrend. we can see a pullback and downtrend shall continue. 16500-16600 is the strongest support we can see. Also, Above level was not retested on breakout.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.