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Technical view on Nifty

Posted on: August 6th, 2019 at 12:49 pm

On 10 day, 10 min candle, Nifty has strong resistance at 10920-10970. A close above this can trigger and upmove upto 11130-11150. Selling pressure may resume higher near 11130-11180. If unable to cross 10970, could head back lower near 10800. Below is the chart for reference (click to enlarge):

NIFTY_Daily_06-08-2019

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