False breakout! Nifty failed to hold on to 11K; what should investors do now

Published: 11/02/2019
False breakout! Nifty failed to hold on to 11K; what should investors do now
Source: WWW.MONEYCONTROL.COM

Chartists call a false breakout when price of a security or an index temporarily moves above a crucial resistance level, but then later slips below that level and comes back at the same level where it started.

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