Reuters Market Eye - The Nifty <.NSEI> trades below 50-DMA for the first time since Oct. 21
Levels around 50-DMA acted as key support for the index on multiple occasions since February.
Its 14-day RSI is near 36.9.
Index trades below lower Bollinger band
The 50-shares index is down 4.1 pct in previous six session until Friday vs 3 pct fall in MSCI-Asia Pacific index , excluding Japan
($1 = 62.2000 rupees)
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(Reporting by Abhishek Vishnoi)
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