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Techcheck Daily |
Red Flags emerge medium term view turns negative |
n Red Flags emerge, bearish reversal patterns form/break on multiple indices, read our special report Fortitude to be released this weekend
n Medium term bias turns negative after a gap of 4 months, 200 Day average cluster around 5525-5575 should get tested on the Nifty
n Charts of the Day: BSE Mid Cap, BSE Small Cap and BSE Consumer Durables break below bearish H&S formations
n DJIA, prices struggling near a century old bull market channel, crucial few weeks ahead, a make or break scenario in the making
n Gold, prices near the top end of a decade long bullish channel, quarterly RSI readings at 92 are historically over stretched
n Index 2 year and quarterly cycles come back to haunt
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