Nifty Analysis
17th Feb analysed and explained - Negative Breakout
trend line at 6160, So Small hurdles for bulls here
to reach another upside of +20 to 30 pts"
19th High 6160.35 &
21st High 6159.65
19th Closed above 6129 & low 6125
20th EXACT low 6129
So Nifty took the support at 6125 and
Trend change level is also same.
Close above 6160 and hold 6129 for another 3 days
consecutively is +ve for Nifty. So Be cautious on longs.
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