Nifty 50 Index

Nifty - Weak on Ichimoku too, 12023 is the last hope for longs

As per Ichimoku, Kijun lies at 12023, Nifty has closed very close to that level. If that is breached, 11980 - 11945 - 11900 can be expected.

Nifty is on lines of Bank Nifty now.

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