October 6, 2018

NIFTY weekly charts

- trend is down
- loss this week was 5.6%
- this was biggest loss in 2 years
- next support 10000-9000

- 2018 year low is 9950; this is also a swing low so expect support here

- RSI has moved from 77 to 34 in one month
- just an observation...no interpretation or conclusion

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