Yesterday, Nifty formed a lower low in the hourly chart amid selling pressure and closed the day posting meaningful losses. Volume was on the higher side. Further, Nifty continued to trade below 21-DMA and inched closer toward 50-DMA. Going forward, Fed rate decision, trade developments between U.S.-China, along with the release of CPI, IIP and WPI data scheduled for this week would set the tone for the market.
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IDX:NIFTY 50 
Reputation: 29,954 • Dec 11, 2019 2:15 PM
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