NIFTY Chart update

• Nifty nears its 50 Day SMA. Price is staying below 38.2% Fib level which is good for bears. Strength only on price staying above 38.2% Fib level.
• Weekly chart shows bearish engulfing and sell signal. Further weakness on price trading below 5 Week Low EMA.
• NIFTY 50 STOCKS LIVE CHARTS - 5 MINUTES TIME FRAME

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