Nifty50 Index Analysis - Breakout or Consolidation ??

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Explanation in Chart. If breaks downwards medium resistance at 14000. 200EMA at 13900. Strong resistance at 13800. It can also consolidate if sustains current levels and any positive news might create new highs.
Note
also 8EMA breaking 20EMA downwards.
Note
error in typing. it is support not resistance.
Chart PatternsTechnical IndicatorsNIFTYTrend Analysis

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