Mighty Nifty - What next?
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Price action is not stabilished yet and I expect it will test the trend line before moving up. People were surprised to see nifty correcting nearly 900 points. But price action formed a clear trend reversal pattern in daily chart. There was no fundamental news for the fall, but the fall was indicated in technicals.
Note
Nearing the trend line!Note
Finally testing my trend line.Note
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