bijoy2526

NIFTY SWINGS BETWEEN FIB LEVELS AND CLOSES BELOW TREND LINE

NSE:NIFTY   Nifty 50 Index
nifty closes below 20 dma and imp trend line .
candle stick long shadow and red hammer .
trend confirmation at this stage is not confirmed.
nifty needs to take out the trend line and 20 dma for its bullish confirmation.
11902 is important support breaking below this nifty may drift to much below lower levels(11785) net support

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