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#Nifty Spot: Probable Path
The Index has been in a downtrend for the last few days, breaking one support after another and closing below 25000. As per the Monthly #Profile chart, staying below VWAP of 25429 allows the index to move towards the next #VPOC at 24317, and below that, 23425, is also possible. This gets negated on a close above VWAP.
Technically speaking, the Bulls are weak, though we may see a smart covering rally here and there but the trend stays #DOWN.

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