Nifty very Weak, analysis for 20th April 2022.

Updated
Heavy selling in nifty,
Lakshman Rekha >> 17000, which was tested multiple times, is broken now.
Below 16800, we may see 16600 and more.

Also closed below 200DMA, which also shows more weakness.
Order cancelled
trade not triggered. closed.
Trade closed: target reached
eventually, we broek 16800 and reched first target 16600 and 16200 too.
Chart PatternsTechnical IndicatorsNIFTYTrend Analysis

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