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Nifty 50 Index
Jun 21, 2020
NIFTY 50 - DAILY VIEW
4
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NIFTY 50
NIFTY 50 is trending in an upward triangle pattern.
RSI is above 60, represents a strong uptrend in a daily chart.
9750-9575 is a strong demand zone. Unless broken, keep looking for buying opportunities on dips.
10400 is a nearby resistance level. Once broken with volume, 10700 & 10950 are the next resistances.
If the low of 9575 is broken, we might see a steep fall. The next support is 8990, 8800 & 8640.
KEEP AN EYE!!
***this is my personal view. Please take advice from your financial advisor before investing.
Garey_Singh
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Garey_Singh
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Garey
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