I've plotted few important levels for NIFTY on the chart.
One thing I noticed was the 200 MA nearing the current price which shows signs of weakness and possible drop after a week of consolidation.
The more there is consolidation the more aggressive will be the trend bearish/bullish.
One thing I noticed was the 200 MA nearing the current price which shows signs of weakness and possible drop after a week of consolidation.
The more there is consolidation the more aggressive will be the trend bearish/bullish.