Nifty at trendline support

Nifty has fallen in the last few days. Whether it is a minor pullback in a bull market, or it is the start of a bigger correction , remains to be seen. But it is is trendline support. This trendline goes back to March 2020.

As long as MACD is above the zero line we can assume the bull trend is still intact. Let us see if Nifty bounces from this trend line.

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