Second winning strike of bears, in Today’s session.
Index opened with the negative note and at the end of the trading hours Nifty formed a bearish candle with lower shadow on the daily charts which is indicating that now bears are trying to capture the market. MACD is giving Cross-down.
Index has break the support of 21893 level we may see weakness till 21632 with resistance of 21912 level.
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Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.