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Nifty analysis for 22/02/19

stock market

As expected nifty posted a green candle totally in the channel above green line. So we may expect up move to red line. The 1st resistance is 34 DMA line which is placed at 10826 and 2nd resistance is 200 DMA line which is placed at 10860. So nifty has to cross both to reach red line. In our #share #analysis #software all 3 averages are in buy mode. So let us watch for nifty to break these 2 levels.

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