Nifty hourly trend turns negative after breaking the hourly support zone of 5030 level. Its perfect to be in short with nifty with stop loss near 5050 zone
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Nifty Mean Reversion is must
Now there is a huge gap existing between the Nifty spot price 4318 and the Nifty 5 EMA(4016) and Nifty 13 EMA(3776).EMA Principle is that mean reversion towards the EMA line […]
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