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Nifty 50 Index

NIFTY showing signs of REVERSAL..?

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As we can see NIFTY is showing signs of REVERSAL by forming multiple indecision candles around the trendline which is overpowered by the buyer but the demand zone is yet to be reached hence we can expect more of volatility and weakness before finally changing the trend so plan your trades accordingly l.
Wealthcam
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Multiple Time Frame AnalysisSupply and DemandTrend Lines

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Multiple Time Frame AnalysisSupply and DemandTrend Lines
Wealthcam
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.