#NIFTY may bounce on 200 weekly moving average

Wait 5 sec.

#NIFTY may bounce on 200 weekly moving averageNifty 50 IndexNSE:NIFTYAbhilash_dasariExcept for big downfalls like the COVID crisis and the 2008 financial bubble. #Nifty never fell below 200 WMA(weekly moving average. So I expect #NIFTY next stop could be ~21,700 after breaking 23,300 successfully on a weekly basis.