March 31, 2021

NIFTY EOD charts

- yesterday nifty gained 2.3% and today lost 1%
- AD has been flat for both the days

- indicated 1-2 days earlier about behaviour in circled areas
- now interesting observation
- the bounce back has always led to a fast rally
- ideally market should have closed today nicely in positive
- instead they opened gap down and closed within body of prev candle

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