sethinomics

Nifty breaking out above 20 DMA

Long
sethinomics Updated   
NSE:NIFTY   Nifty 50 Index
Yesterday Nifty closed above its 20 DMA. Showing follow through today. Also gave breakout from symmetrical triangle formed in last 3 weeks b/w 9970 & 9685. Expecting index to go towards 10,200 in few days. MACD indicator also generated buy signal yesterday.
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