NIFTY: Monthly Chart

NIFTY(9955): Monthly
1.monthly taking support around 100 EMA
2.previous breakout and retest
3.61.8% retracment of current rally started frm Feb16
4. 38.2% retracment of 10 years bull run
5.RSI mnthly taking support around reference zone of 40

Note: month is yet 2 complete
Trend Analysis

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