ParimalDevnath

Nifty, Breakdown

Short
NSE:NIFTY   Nifty 50 Index
Nifty was consolidating for last 19 sessions within a rectangular range and bulls were trying to save Nifty around 100 DMA. Today price has broken down below this geometrical pattern indicating dominance of bears. Now remaining below the support line price can go down till 200 DMA seeking crucial support.
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