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Dealmoney Market Buzz - 27-Jan-20	Download pdf

Nifty

• On Daily chart nifty continue to rise for second consecutive trading session

• The index was able to hold the support of 50 EMA and bounce from the same

• It has recaptured 20 EMA and closed above it indicating some reversal in index

• RSI gradually moving towards north direction with positive crossover, Index above 12,290 - 12,300 levels will continue to move towards 12,400 levels