ParimalDevnath

Nifty, 100 DMA

Short
NSE:NIFTY   Nifty 50 Index
As posted yesterday, Nifty took support at 100 DMA today. So this level is to be watched. Today again bears dominated on the screen. Bulls are lying low as they have reduced their support level at 10200 PE. If 10554 (100 DMA, 100 and 50 DMA are converging) is breached, then bears will have full control till 200 DMA.
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