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#NIFTY - Have been mentioning..

Nifty 50 Index (NSE:NIFTY)  
WaveAnalytics_IN  
NSE:NIFTY   Nifty 50 Index
Trend Analysis Chart Patterns Technical Indicators NIFTY
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trendanalysis chartpattern indicator nifty
I have been mentioning since last few years that any reversal pattern without an established prior trend is counter-intuitive.
In this case, the chances of failure of Piercing Pattern on weekly are High.
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