nifty now heading towards the level from which it breakdown
nifty is moving up by forming bases which is good for long term. all the major bases from which breakdwon happened has been marked in square. now nifty will most likely touch the level from which it breakdown, from there some profit booking might come, depending upon it holds the level or touch and come dowm.
i am hoping prior to christmas 25200 will come and then profit booking before fii go on holidays. a detail analyasis of the same has been discussed by me previously in utube video.
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