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indiacharts
Mar 26, 2021 10:53 AM

A counter trend bounce Short

Nifty 50 IndexNSE

Description

Nifty bounced back to complete a 50% retracement of the fall and that can still be marked as wave B of a zigzag, or 5-3-5 fractal pattern. The next move should be wave C and 5 waves down from 14600 that can attempt to go to 13900 or 13600. Staying below 14600 is key
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