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Cloud cover bearish pattern nifty

NSE:NIFTY   Nifty 50 Index
The Nifty formed a bearish cloud cover candlestick on the daily interval at all-time high levels. In the bearish cloud cover pattern, prices generally open in the positive terrain but then fail to sustain and fall from the day's high levels and retrace more than 70 percent to the previous day's green candle.

Support and resistance mentioned

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