Nifty looking for another round of selling
Nifty after being oversold on charts has given a dead cat bounce which was expected. Now it is at 13EMA resistance of 22550 and also facing resistance off the lower trendline of the falling wedge which had broken down earlier.
It looks like a good shorting position with possible targets of 21800, 21500, 21300 and 21000
DYODD
It looks like a good shorting position with possible targets of 21800, 21500, 21300 and 21000
DYODD
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Disclaimer
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.