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Poison_1907

Nifty IT looking weak- Possible 14% correction till 20948

Short
Nifty IT Index (NSE:CNXIT)  
Poison_1907  
NSE:CNXIT   Nifty IT Index
Fibonacci Elliott Wave
1
0
fibonacci elliottwaves
First target 23655 and if that breaks next target would be 20948 which is 0.38 retracement of the Mar'2020 rally till the top.

Intermediate wave 1 to 5 seem to have completed.
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