NIFTY Reality : Poised for another 30-35% correction

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NIFTY (Reality) - Weekly Chart

1. After CHOCH the best place to initiate buying in this sector lies 30-35% below the current Levels.
2. Sectorial churn makes this indice less attractive at current levels.
3. It may retest the OB at around 550-580 levels (The Green strip) on the chart

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