October 26, 2020

NIFTY EOD charts

- last 4-5 days of extremely rangebound movement is resolving to downside
- this led to selloff today with nifty closing 1.4% in negative at 11768
- AD was 2:1

- note all activity is still happening within the body of the big red bar formed on 15-OCT

- expect support around 11500-11600

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