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Nifty behaviour at 50 SMA

Nifty 50 Index (NSE:NIFTY)  
sanstocktrader  
NSE:NIFTY   Nifty 50 Index
Trend Analysis
12
3
trendanalysis
In last 15 trading days , 3 times Nifty closed below 50 SMA , However Nifty failed to break low of Candle which
closed below 50 SMA, which signify buying interest at lower levels.
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