Nifty slipped below 10 months old up slanting channel's bottom trend line ...channel has to pull prices up as soon as possible .... on failure of re-entering in up slanting channel, next support is visible at 5840 level .... nifty may trade at or below 5999 on breaking of 5840 level at or before May 31 ......
Trend line was supporting like solid base since June 12 and stopped nifty to crack below its level but selling pressure on Friday breached it in 5th quarterly attempt ...
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Trend line was supporting like solid base since June 12 and stopped nifty to crack below its level but selling pressure on Friday breached it in 5th quarterly attempt ...
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