In my opinion, market would hold this low of 16000 approx and will jump back from here.
This is a diametric pattern of the Neo wave which is staring at its completion. This pattern is known as Head and Shoulder pattern in technical analysis.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.