PolasamKalyan

NIFTY move on 05-oct-2023

NSE:NIFTY   Nifty 50 Index
1. GAP up is possible as there is no price event, check the blue arrows for reference, though there is no GAP up, the first candle runs faster towards 19523.
2. There is a strong selling pressure around 19570-19580.

Note: The Nifty sill looking down, consider it as a consolidation stage.
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