Nifty Forming Shark Pattern

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Nifty looks more scary if close below 16990 levels.

Expecting minimum downside of 4.5% and max 20% from current levels.

We can see max fall till 13300 by July'2023.

Indian markets may follow global trend in coming months and may not provide any healthy returns.

Note
Nifty daily closing is not happening below 16990.
Ordre annulé
Chart PatternsHarmonic PatternsTrend Analysis

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