NIFTY WEEKLY ANALYSIS 31JULY2023
NIFTY Nifty printed same low of 19562 last week and this week .Break of this low may be considered as change in dow theory. Nifty daily RSI at 60 and holding 20MA as of now. Hourly printed a lower high .Have to wait for decisive break of range 19562 - 20000 .Bulls losing strength. For now will keep trades to intra until there a clarity of trend.