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Nifty 50 Index
Short

NIFTY 50 - 3 MAY 2021 - INTRADAY PLAN

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NIFTY 50 looks bearish on 15 minutes chart trading below 50 Days & 200 Days EMA. I am bearish on Nifty 50. Last week rally was due to short covering & creating a bulls trap.
Expecting Nifty 50 again to be range bound this week & then move below 14000 levels next week. Levels given are as per Fibonacci
VKTheIndianTrader
Chart PatternsTechnical Indicatorsintradaytradingnifty50Technical AnalysisTrend Analysis

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Chart PatternsTechnical Indicatorsintradaytradingnifty50Technical AnalysisTrend Analysis
VKTheIndianTrader

Disclaimer

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.