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Nifty 50 Index
Short

#Nifty Regression Channel

By Mayur-Shah
Nifty Bounced from -SD3 to +SD3, but the 2nd drop extended to -SD4 & today we have a clear rejection from +SD1 so we should in all probability extend to -SD4 on the down side. Confirmation only on break below 157XX marked in yellow. SL for the trade is Placed at 164XX marked in red
Chart PatternsTechnical IndicatorsTrend Analysis
Mayur-Shah
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