NIFTY remains in a strong long-term uptrend, consistently trading above its key long-term moving averages. The index continues to form higher highs and higher lows on the weekly timeframe, indicating that the primary trend is intact. Recent declines appear to be a healthy correction within the broader bullish structure rather than a trend reversal.
#NIFTY
Weekly timeframe
NIFTY is still in a clean long-term uptrend
Structure: Higher highs & higher lows → trend intact
Moving Averages = Market Health
33-week MA (blue): ~22,750
124-week MA (green): ~21,700
📌 Current price: ~25,050
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