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NrupenM
Jan 23, 2017 4:46 AM

Nifty May Fall After Retrace Short

Nifty 50 IndexNSE

Description

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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