NIFTY is moving along a downward Trend Line (Violet Channel) but RSI is hinting for a change if the Channel is broken on the Upper Side. Time to wait and see if Market is Hopeful enough amid rising Covid Cases. I will Update accordingly.
For Educational Purpose. Not Responsible for any Financial Losses.
Note
Nifty 50 has broken the Channel and has reversed the Downward Trend.
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