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Tradingnet1
Jan 23, 2019 9:42 AM

NIFTY 50-- Ascending triangle pattern Short

Nifty 50 IndexNSE

Description

Nifty 50 trading in its ascending trianlge pattern with Higher Lows, Soon Nifty 50 will test 10984.
Currently trading at its strong support of 10868
We may expect a small selling up to level 10819 to respect its 30 EMA and a bounce back since it is trading above 200EMA.
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