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techtrail
May 4, 2016 4:27 AM

Nifty Hourly Chart 

Nifty 50 IndexNSE

Description

Price has failed to reach the upper parallel of magenta fork. It has since been moving within the confines of the blue fork. Price now at lower parallel of the blue one. Let's see if price halts here. If it does, the energy point will come into play.
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