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NIFTY - BELOW 20 DMA - APPROACHING 50 DMA

Short
NSE:NIFTY   Nifty 50 Index
With Uncertainities related to US-CHINA Trade Deal Nifty has closed below 20 DMA on daily charts.
Looks like it is heading towards 50 DMA and is a SELL.

Whether it will sustain at 50 DMA would be determined by the outcome of trade deal which hopefully looks positive.

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