Nifty - 5 days below moving averages

٨ نوفمبر ٢٠٢١

Nifty has struggled to breach the moving averages (13EMA/20EMA) for five straight trading sessions.(including the thursday muhurat trading session). With the selling pressure from FPI/FII resuming, will it have the strength to break out today? Let us hope to see that breakout today. The pattern is inside bar, so today should be a trending/volatile day. Let's see.