On the weekly chart Nifty waiting for the triangle breakout in the market upside resistance coming around 5400 on closing basis above that we can see a sharp rally upto 5550. Support level coming around 5325 & 5270, break and close below we can see a sharp correction upto 5150 or more lower. Next 5-8 days we can see some more consolidation in the market untill it breaks the range.
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