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Most people were or were waiting for a breakout/breakdown for further confirmation. Death cross, upper resistance line, channel breakdown, negative divergence, FIIs were net sellers, but one must remember linear tools don't work in a market! Just as Newtonian mechanics does not work in atomic physics and planetary motions!
If one is not in tune with time, one is wasting time of his life!
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Nifty: Are we headed for a Crash in 2017? = Ashish Kyal