Nifty Futures Analysis -14Jun2022

Nifty Moving Average (SMA)
5 Day — 16,245
20 Day — 16,312
50 Day — 16,753
200 Day — 17,262

Current market price 15,750.
5 Day Moving Average, which is itself coming down rapidly, maybe tested by next Monday.
So the possibility of retest of 16,000 level is high in the next one week.

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