- Nifty is getting resisted at the daily cloud. Bulls need to move into the cloud for the current up move to continue.
- Moving above 5144 will favor bulls.
- A negative weekly candle below the resistance line and 50 Week SMA as shown in last chart will favor bears.
Most Nifty Stocks Analysis are considered safe due to their sound business model as they are largely held by institutional investors who ensure that the management runs the company efficiently and hence lead to good returns for the shareholders.
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