NIFTY: Rises But Still Not Convincing

NIFTY Daily Stock Chart Technical Analysis:

• NIFTY tried to rise back today and closed at 5520. 
• However, this rise is not looking very convincing as a tasuki gap has formed and momentum and volume have also slowed down.
• Wednesday might come with an opportunity to go short.  Wait for market open and see the direction where its headed before taking a decision.   If it goes upwards, wait before taking short positions.
• NIFTY आज थोड़ी ऊपर गयी है लेकिन अभी भी लगता है की गिर सकती है.  कल शोर्ट करने का मौका हो सकता है, ध्यान रखना. 

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NIFTY Daily Stock Chart Technical Analysis