Nifty 50 IndexShort
NIFTY moving towards 200 EMA
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Looks like NIFTY will take support at 200 EMA levels or earlier -- a confluence of the 200 EMA around 16300 levels and the all important Fib 1.618 level around 16400, the zone looks to be the support for December series.
Looks like NIFTY will take support at 200 EMA levels or earlier -- a confluence of the 200 EMA around 16300 levels and the all important Fib 1.618 level around 16400, the zone looks to be the support for December series.
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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.