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Stock has come down with a bullish divergence.
Trend reversal of a big up move. Prospective right shoulder formation to 290 on 7th and 9th Nov. Then could move to 275 to 280. Also Elliott Wave formation from the up move of 250 to 300 could aid the reversal.
Nifty short target 9950 and how it may go there
Cypher target 8160
A bullish gartley on the nifty. Tgt 8120 Short term
A cypher and a potential Bat on the way. Might touch 7950
2 prospective cyphers on the short term on SBI. One bullish and one bearish. It would be great if it honours both of them.