sreerajkarunakaran22

NIfty range continues

NSE:NIFTY   Nifty 50 Index
Market is in a state of being unable to take a decision , expecting a confluence of moving averages ( 20/50/200) before a breakout on either side , might start with a triangle pattern breakout before testing the next support /resistance zones .
Comment:
Reversed at 200MA zone and the previous resistance acts now as a support .
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