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NIFTY Sellers Take Control After the Doji, Testing the 50 (W)EMAOverview
Nifty closed the week at 24,366, down 204.65 points or 0.83%. This follows directly from last week's doji at resistance, and the answer to "which side wins" has come in: sellers took control this week, with price rejecting from a high of 24,620.95 and closing near the Weekly 50 EMA (24,358.08).
Follow-up on Last Week's View
Last week we flagged a doji forming right at the resistance zone (24,601–24,989), a classic sign of indecision after a multi-week rally, with the next 1-2 candles NIFTY Weekly View — Weekly Support Holds at 24,025Overview
Nifty closed the week at 24,252.00, down 114 points or 0.47%, extending last week's bearish follow-through. Price dipped to test Weekly Support near 24,025 and closed well above it by week's end.
Follow-up on Last Week's View
Last week we flagged sellers taking control after the doji at resistance, with price testing the Weekly 50 EMA (24,358) as the key level. That test resolved bearish, price closed below the 50 EMA this week, confirming sellers had the upper hand. This week, that NIFTY - Rejected at Resistance 1, Wedge Structure TightensOverview
Nifty closed the week at 24,175.65, down 76.35 points or 0.31%. After last week's bounce off Weekly Support (24,025), price pushed back up to test Resistance 1 (24,360) but got rejected, closing the week back below both Resistance 1 and the Weekly 50 EMA.
Follow-up on Last Week's View
Last week we flagged Weekly Support holding at 24,025, with a reclaim of Resistance 1 (24,360) needed for buyers to regain control. That attempt happened this week, price touched a high of 24,378.60, br 
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