jvpandian

Nifty at a make or break level and resembling 2016

Short
NSE:NIFTY   Nifty 50 Index
Nifty is at a make or break level that can move 800 to 1000 points either side.

There was a similar setup in Nifty in 2016 when it took support from the right shoulder and went up heavily. This time it is inverted head and shoulder

For 2016 to repeat, Nifty should make a correction downside to 10657 10440 levels.

Otherwise expect a move upside to the similar size

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