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shyamprasan

NIFTY FREE FALL, TIME TO GET CONSOLIDATED

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Nifty 50 Index (NSE:NIFTY)  
shyamprasan Updated   
NSE:NIFTY   Nifty 50 Index
Trend Analysis
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trendanalysis
USUALLY EVERY INDEX/ STOCKS HAS A CAPABILITY TO RECOVER AT THE DOUBLE PACE FROM ANY BIG FALLS, THIS MUST BE SEEN AS A OPPORTUNITY TO INVEST IN FUNDA STRONG STOCKS.
Comment:
NIFTY rebounded from strong support let us wait n watch, this rebound can be treated as pullback rally till it breaks 10550 where crucial resistance is placed.

once it breached it can move towards 10750 mark
Comment:
nifty forms a RSI divergence, a strong sign of medium term bullish reversal,
reason behind this upward momentum is strong Q2 reports by the IT sector
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