Market Update – 13/July/2020

Nifty 50 indexes continuous trading in upside zone. Current trading above all of their important EMA averages. One of the major Strengths indicator RSI also showing strength in buy-side continues. Nifty 50 downside support zone near 10600-10540 or in upper side Resistance zone near 10840-10920, Traders should try to buy in dip strategy. In near days nifty50 might be touch 11,000-11150 levels very soon.on the other hand, a weekly chart also showing good strength on the buying side.

Market Update 13July2020
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