Nifty 50 IndexShort
NIFTY NEEDS SOME HEALTHY CORRECTION
NIFTY looks bearish in short term :
* NIFTY forms Head & Shoulders Pattern and completed its breakout
* As per Fibonacci Levels may come down to 16650 levels
* Price breaches lower Bollinger band and may continue to go down as a band walk
* Price crosses below 20 & 50 DMAs and may take support in 100 DMA but will not sustain
* NIFTY forms Head & Shoulders Pattern and completed its breakout
* As per Fibonacci Levels may come down to 16650 levels
* Price breaches lower Bollinger band and may continue to go down as a band walk
* Price crosses below 20 & 50 DMAs and may take support in 100 DMA but will not sustain
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