Wealthcam

NIFTY not bullish unless it breaks and sustains above

NSE:NIFTY   Indice NIFTY 50
As we can see despite the attempt to break the trend line, it failed and remained negative throughout the day as analysed in our previous post but we can now see that NIFTY has tested both its sides i.e SUPPORT and acting RESISTANCE which makes the trend line weak hence any closing above the given trend line could be a good BUY else we can see another sideways to negative market tomorrow so plan your trades accordingly.

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