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NIFTY 50 showing Head and Shoulder... but at a good support

NSE:NIFTY   Nifty 50 Index
It seems that NIFTy50 has formed Head and Shoulder pattern and yesterdays freaky Friday broke the shoulder level.
However need to check whether this crash was one off event and whether NIFTY will manage to move up from here.
NIFTY recovered its intra day loss and ended at a good support level
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