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Dec 10, 2019 4:40 PM

NIFTY - BELOW 20 DMA - APPROACHING 50 DMA Short

Nifty 50 IndexNSE

Description

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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