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asingh.engi
May 31, 2018 8:25 PM

Is NIFTY heading towards 9000? 

Nifty 50 IndexNSE

Description

Reasons:
  • Notice last few instances when RSI crossed below 70 - Price corrected in next few months.
  • Breakdown of green channel @ 10,000 will open path towards bottom-blue trend-line.
  • EMA50 seems to be good support which should meet the price at ~9000-9500.

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Comment

Going good so far...
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