NIFTY looking to retest
Updated
Nifty is looking for a short term reversal to re-test the trend-line. There was a head and shoulders formation following which the short term down trend has already started. This short term downtrend should continue until retest on the trend line. The last 4 hour candle had a huge selling candle reaffirming the further downside until retst at the trend-line.
Trade closed: target reached
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