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Mayur-Shah
May 19, 2022 6:24 AM

#Nifty Regression Channel Short

Nifty 50 IndexNSE

Description

Nifty Bounced from -SD3 to +SD3, but the 2nd drop extended to -SD4 & today we have a clear rejection from +SD1 so we should in all probability extend to -SD4 on the down side. Confirmation only on break below 157XX marked in yellow. SL for the trade is Placed at 164XX marked in red
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