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Nifty..turning down..

Nifty has formed a bearish engulfing candle on daily charts..
today's down move was mainly due to reliance
looks like stock rotations for correction is taking place.where one goes down other hold the nifty u..
Nota
tuesday bearish engulfing confirmed with a downove today. we might have a 20 dma test and a a mild bounce an then correct again

Penafian