NIFTY50
Price action pushes behind the negative divergence, typical of trending market. However, the True Range signals continuation of volatile high and lows while the net move remains in reasonable range. Bulls continue to move with higher base while bears on back foot. Higher base 13150 while 13310 attracts. Either sell 13310 stop 13350 for 13250 for buy 13200 stop 13140 for 13280.
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TA Primer ping me on +96895753093 +918106170817 details @sribhashyam65 twitter handle
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.