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NIFTY Intraday update


  • Nifty Hour testing 200 Hour SMA.
  • Price is stuck between two GAP's and a small falling wedge pattern.
  • 200 Hour SMA Holds the Key. If price sustains below 200 Hour SMA and the falling wedge's support line we should see a fall to fill the GAP on the downside.
  • Bullish above the falling wedge resistance line and on a break above 5231.


Posted by San at 1:00 PM

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