nextgen

NIFTY on the edge can go either way

NSE:NIFTY   Nifty 50 Index
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As I had projected NIFTY target in my previous post 7959 which got achieved today, now NIFTY is on the crucial support 50% fibo level which it didn't break today, now at this point where should NIFTY go? There my be two situation tomorrow, it may pull back or go further downward. traders may wait till breakout 7910 (50% fibo level) level if breaks it may further head towards next support 7670 or if market open green it may target the resistance 8200.

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