NIFTY - Reversal Pattern - Weekly Time Frame

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Nifty has formed a hammer pattern on weekly charts and also it is near lower end of the bearish channel which gives a comfort and good risk reward to initiate a buy here on nifty and Nifty can go till 17500 in medium term with a stoploss of 15700

NOTE - THIS IS JUST FOR EDUCATIONAL PURPOSE AND TRADE ACCORDINGLY ON YOUR OWN RISK WITH CONSULTATION OF YOUR FINANCIAL ADVISOR

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Stoploss Trigger