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traders_pit
Feb 19, 2020 9:24 AM

NIFTY breakout - time of shorting is over Long

Nifty Bank IndexNSE

Description

Nifty and BankNifty gave clear breakout signal.
NIfty is long now along with Bank nifty.
RSI positive divergence with channel breakout is there on 30 min timeframe.

This is supported by 1 hour time frame too.
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