Nifty has struggled to breach the moving averages (13EMA/20EMA) for five straight trading sessions.(including the thursday muhurat trading session). With the selling pressure from FPI/FII resuming, will it have the strength to break out today? Let us hope to see that breakout today. The pattern is inside bar, so today should be a trending/volatile day. Let's see.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.