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- 3rd July 2020 at 5:33 am #220342
NIFTY VIEW RS:
HEADING TOWARDS 10640-690 SPOT.
ADOPT BUY ON DIPS METHOD TO RIDE THIS TREND.
Technicals suggesting a minor correction from 10640-10700 levels.
Negative divergence is visible.
Momentum is reducing.
5 wave completion seen.
Stretched too far from 8800.
Higher highs and higher lows.
Closed above strong option resistance of 10500.
Broader participation in all sectors. No weakness across sectors.
STOPLOSS FOR LONGS : 10490 SPOT.