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wrightresearch
26 nov 2021 18:39

Overbought to oversold? Lång

NSE:NIFTY1D
Nifty 50 IndexNSE

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Nifty has quickly gone from overbought to oversold, crossing 100 EMA and 50% Fibonacci retracement level from July levels. RSI has touched 0!
Unless the new virus situation really escalates over the weekend, the index is ripe for a rebound.
Trend AnalysisChart Patterns
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