April 26, 2021

NIFTY EOD charts

- today nifty closed 1% in positive at 14485
- AD was 2:1

- trading range was extremely narrow

- today's price action was similar to what happened in the green box
- one big red bar followed by 3 green bars (last one smallest)

- we are seeing range compression on RSI charts
- a breakout should happen shortly

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