Nifty Forecasting - Potential Down Move
After a Sharp Weekly drop last week nifty might consolidate with 50% upmove and if the upmove is a corrective wave pattern then a potential down move would take Nifty to test the previous breakout levels around 9100 levels in the coming weeks. The current down move can also turn out to be a side ways movement for several weeks which would mean new highs would come again.
Happy Trading!
Happy Trading!
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