bijoy2526

NIFTY breaking out of Diogonal.

NSE:NIFTY   Nifty 50 Index
Nifty crossing the trend line
has closed above 20 dma should touch 200 dma at 16974
it is breaking out of Diogonal
and face some resistance at 17000.
Diogonal in c wave predicts trend reversal.
Support for nifty are 16839,16749 and 16659
if trades below 16650 it will be negative.
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