WEEKLY CHART
Nifty price is just near to the over bought zone, as well all all oscillators are near to the over bought zone. MACD indicator is also facing resistance. Price can move 200 points in up direction with respect to oscillators level and range. Price can form triple top, the level 6250-6300. Gann sell is also helping that triple top pattern or over bought oscillators and level of indicators.
DAILY CHART
Daily chart showing strength, MACD indicator showing strength. RSI is not in over bought zone but it can form the negative divergence.
HOURLY AND 15 MIN CHART
Both charts facing support of EMA. In hourly and 15 min chart, 20 ema and 60 ema indicator showing support respectively as well RSI oscillator showing strength.
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