Mighty Nifty - Weekly Review Jan 23 - Jan 27

The targets for cup or rounding bottom pattern is completed. Now the price is showing weakness by breaking the trend line. 18000 - 18040 is the strong support. Buy above 18100 with the stop loss of 18060 for the targets 18160, 18220, 18300 and 18380. Sell below 17980 with the stop loss of 18020 for the targets 17920, 17860, 17800 and 17760.
Trend Lines

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