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Nifty 50 Index

Nifty 50 breking the short term uptrend and taking support

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On a 4 hour time frame, the candlestick can be seen breaking the short term uptrend and entering into a possible distribution stage. it is also gone below the 20MA.
sidsince1989
Chart PatternsTrend Analysis

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.
Chart PatternsTrend Analysis
sidsince1989

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.