The chart looks promising in the short term. The RSI also is at a very sweet spot. Since Nifty movement is very uncertain, I am just quite bullish however if Nifty continues with the uptrend then we could see the pattern repeating itself here as well for targets close to 40.
Be cautious before taking an entry.
Comment
HOWZAAAAAAAT !!!
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Follows the same pattern. At every bounce we see about 3 big candles. we will see them again most probably.
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