- Nifty testing its 100 SMA again. For now its showing weakness at this level.
- 2nd chart shows price moving back into the broadening pattern after a breakdown. The low made during last week is crucial. Bears need this level (8269) to broke again for bigger downfalls to happen.
- Weekly chart shows a possible inside candlestick formation. Previous high and low of the weekly candle is yet to break. closing outside this range may give good direction.
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