Wavozen

6474 It looks market has forgot the consolidation phase

Long
NSEIX:NIFTY1!   GIFT NIFTY 50 INDEX FUTURES
Reason for long
a) Market has forgot the consolidation phase... it is running like a Heroin (It looks, market manipulators may saw retailer short positions or butterfly positions, Hence it is running to rape retailers.
b) Last 40 trading session, it has shoot up 17% up without major consolidation
c) if it breaks all time high, it may target for 2.68% fib levels.

New long, once it cross the upper trend line phase;
Sl compulsory

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