Nifty Weekly View
Nifty failed
in its attempt to re-enter into the rising channel pattern in the week and, on
the other hand, formed a solid bearish candlestick pattern on the daily chart.
Going forward, 10700 is going to act as an important support zone, which is the
long-term, 200-DEMA for the Nifty Nifty has also formed a Hanging Man pattern,
which indicates that further selling pressure cannot be ruled out.
Weekly Chart
Missed call
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