NIFTY50 ... high are placed and where is next bottom now?
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#NIFTY50 INDEX... so guys market retraced in Friday and today and closed around 21586
we have upside resistance are now 21760,
as you can see 2 flag formation in history and one at current price,
according to these flag formations 21760 will be very important,
for further buying turn it should hold above 21760 for another leg to upside but if market hold it then dop expected and it will leads you towards downside next areas,
keep close 21760 and manage accordingly.
trade wisely
good luck
we have upside resistance are now 21760,
as you can see 2 flag formation in history and one at current price,
according to these flag formations 21760 will be very important,
for further buying turn it should hold above 21760 for another leg to upside but if market hold it then dop expected and it will leads you towards downside next areas,
keep close 21760 and manage accordingly.
trade wisely
good luck
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what a holding of your area..
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