Nifty Outlook 25 Sep 2023

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Range - 19564/19783
Extended Range - 19484/19863

Looks like Nifty will test bottom of the channel from where slight recovery can be expected. If the channel is broken on the downside on weekly basis, we can see massive long unwinding.
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Nifty closed within the range forecasted.
Chart PatternsTrend Analysis

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