The present analysis is derived from 2008 and 2011 fall and historical retracement. . 12101: The last level until nifty can rise without correction based on previous fall analysis. . 10400: If correction happens this month then nifty might test 10400 levels which is a healthy retracement of 0.618 levels of fibo. . Retracement is imminent for a healthy economy. Higher-High and Higher-Lows are must.
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Moved as Expected.
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Nifty @ All-Time High. Planning For Retracement trade.