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Nifty 50 Index

NIFTY Next Hourly Move

By Omahto
NIFTY has given a very sharp up move from 20980 till 21834. This is one leg and its ideal pullback will be 50%. And as per ABCD pattern also this idea gets another confirmation.21380-21400 will be a major support in the next few days. It may bottom out from this region. If we get a bullish reversal price structure in 15 Min TF then we will simply plan long.
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Omahto
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