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Indice NIFTY 50

Support area for retest

Par ganybhat
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There is a nice gap created in volume profile (as marked in chart by red area) which can be considered as a very good support in case of price retest.
Note
In case of retest and RSI 3 near to 20, Its is best to invest some amount in mutual funds and index funds.
Note
Retested support area and moving higher.
Trend Analysis
ganybhat
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