TheWizardsZone

Nifty: 2 Different Perspectives

NSE:NIFTY   Nifty 50 Index
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Every one if talking about budget day gap being filled...No one is talking about the breakdown in strong uptrend which started with announcement of MSCI Buying...markets are oversold so some buying/ short covering has emerged...I will not consider it a false breakdown unless Nifty goes back past 21 EMA which is at 14,850 levels right now