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NIFTY getting ready for bigger fall..?

NSE:NIFTY   Nifty 50 Index
As we can see despite the breakdown of the trendline which NIFTY had been following since last few weeks couldn't show much fall, though it fell unidirectionally in the first half but it managed to recover and ended up closing in a positive note but we can see that NIFTY can be retesting the trendline for the continuation of bigger fall but on the other hand if NIFTY manages of close above given level then it might be a possible trap to invite sellers before making a new ALL TIME HIGH so plan your trades accordingly

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