Nifty May Fall After Retrace

NSE:NIFTY   Nifty 50 Index
1. Height of triangle was projected in downside. Then Nifty undergoing retrace.
2. After fall of 1 Fibonacci Retrace was 0.6

Conclusion : In case prices continue to fall from these levels it can fall upto 1.6 or 2 level on Fibonacci extension . Expected minimum TGT 8272
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