Nifty is now at Base area.
Updated
Very interesting Nifty daily chart here -
- Nifty is making a broadening Tringle pattern and now at the support (base) area.
- Bounced back from 200EMA as it makes support, which is very very strong support.
- If it further fail and can not hold then it could be dangerous.
Note
Nifty has moved faster than expected
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