Nifty is making quicker moves in an hurry to test 200day MA(3443 levels) with heavily overbought markets.And Right Now 55 Weekly EMA is coming near 3533(Check Previous Post ). These are the two levels for traders and investors to watch where profit booking could be kicked in.
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Nikkei Warns Correction
P&F Charts shows a Double Top Breakdown in Nikkei on September 2. Suggesting that the intensity of correction is likely to increase in coming sessions. Source:
www.marketcalls.in
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