NIFTY BULLS IN TROUBLE?


  • Nifty made a doji or spinning top with a decent volumes.
  • Nifty opened gap down and traded negative whole day with bears in full control.
  • Nifty traded well into the gap of 9830 - 9855.
  • Nifty closed at the lower end of the gap.
  • Break of today's spinning top low may cause further correction to the levels of 9680 which is 20DMA.
  • Holding these levels may see some sideway action until highs are taken decisively.




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