I have observed this pattern in Nifty daily chart
1500 to 1600 points down move
2300 to 2400 points down move
If the recent high is temporary top for time being a 1500 points correction is possible in the index
2 days closing above 17600 will reject this pattern and next resistance will be 18200
1500 to 1600 points down move
2300 to 2400 points down move
If the recent high is temporary top for time being a 1500 points correction is possible in the index
2 days closing above 17600 will reject this pattern and next resistance will be 18200
Note
2300 to 2400 points up move
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.