Nifty 50 Index
Short
Updated

Supply Zone Tested. Nifty ready for Next Down Leg

852
Supply Zone has been tested which is situated around 24850 to 24000

Which also happens to be the Fib 0.5 0.6 retracement of the Fall that began from 26k to 22k

Bears are going to get aggressive below 24000

In Months to come we may test 19000 18500.

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All The Best 👍

Trade active
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RSI Bearish Divergence
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Next Week only need closing below 23300.
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Perfect Storm awaits 🐻
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Just the kind of Bounce Bears needed to Hammer through the Glass at 23300 ⚓

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