NIFTY gave a big green candle for possible signs of reversal but too early to comment as of now stay neutral with big election results coming in on Saturday currently respecting 200 DEMA and 50 WEMA a close below it will confirm a fake reversal. Wait and Watch.

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Disclaimer: This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
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