xclusiv_abhi
Short

Nifty - Losing Steam

NSE:NIFTY   Nifty 50 Index
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4
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Although the index has made a very good come back, the momentum now seems to be losing. Index had not yet broken out of earlier lower high. At the same time RSI is trending lower.

Or it may be a consolidation before a big directional move.

Short position makes sense for now...lets see.

Great 👌
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A formidable bear flag near channel resistance !
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