Nifty analysis for 04/02/19


As expected nifty bounced back from the earlier top of 10987 with posting high of 10983, just short by 4 points. But from there it came down to close at 10893 thus forming long upper leg candle which can be reversal candle. If it reverses from this point then it may again go to green line else journey towards red line will continue. Lets watch today.

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