arhajati

NIFTY LEVELS AND MORE

NSE:NIFTY   Nifty 50 Index
I've plotted few important levels for NIFTY on the chart.

One thing I noticed was the 200 MA nearing the current price which shows signs of weakness and possible drop after a week of consolidation.

The more there is consolidation the more aggressive will be the trend bearish/bullish.

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