Nifty50 - Descending channel

Nifty50 is still in a downtrend..moving in a descending channel. Trading below 50 DEMA.
17490-17600 will be strong resistance, only on breach of this zone, the uptrend may resume.

Only for educational purposes, not a buy/sell recommendation.
Chart PatternsTechnical IndicatorsNIFTYnifty50niftyanalysisTrend Analysis

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