Nifty50 Analysis for 30 Nov 20

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The market is moving into a consolidation range after a trend
Inside a larger channel, a minor triangle pattern is formed

** M pattern formed ending today => Possibility of the good down move

If on Monday market opens
  • Gap up there will be a possible retest and break out upside
  • near prev the last close there can still be a ranging market continuing
  • Gap down there can be a good down move near to support zone




注释
Market Analysis for 1 Dec 20
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