Nifty Analysis on Daily time frame

NSE:NIFTY   Nifty 50 Index
The price where nifty is standing is a very crucial level, because as we notice the nifty Bull run was ended at the similar level in the highlighted candle, from where is started to consolidation and even in the consolidation phase nifty was able to break it either with big candle or with gap openings.

However if nifty breaks the level with a strong bull candle then we can see the continuation of upmove.

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