Since 19th November 2018 Nifty is trying to settle its score with 200 DMA for direction. Nifty is hovering around this significant MA. Neither party is convinced of the direction. This is consolidation. Its boundaries are limited mostly within 100 DMA and 50 DMA.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.