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Niftyrsi

NIFTY daily Retrace 61% from bottomHello everyone, Nifty spot 24340 consolidating since 2 weeks within range of 24000 to 24500 rsi negative divergnve is there on daily time aong with fibbonacci 61% retrace from bottom volume is not supporting bullish breakout away from 200 ema can expect bearish move till 23500 trendline support.
NSE:NIFTYShort
by finvestalgo
NIFTY DAILY CHARTI did analysis of nifty on daily chart and found something interesting that earlier it gives a breakout on relative strength indicator and positively moved 500-600 points so if it was a real breakout then it is coming for retesting and if it will break and close below that so we can say that was a false breakout or you can say bulls trap in the language of market let us see what will happen in coming sessions. Regards to all mates
NSE:NIFTY
by AMIT-RAJAN

Select market data provided by ICE Data services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.© 2025 TradingView, Inc.

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