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)
Also Read
(Reporting by Abhishek Vishnoi)