mkmunir3

Nifty in mild up trend as per RSI and trend lines

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NSE:NIFTY   Nifty50指数
RSI came around 50 on 29 Aug and 16 Sep for Nifty but reversed upwards. At the moment we are safely above RSI 50 which implies positive bias. As per a different approach, horizontal trend lines, strong support levels (green) and strong resistance levels (Red) are marked too. We can manage our positions accordingly. Reduce or add to holdings as per the trend lines. Analysis for own record only.

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