Today Nifty's candle formed a PKPR (Perfect Key Positive
Reversal), also it’s above Friday's Swing High. Seems there are high chances of
reversal from todays low. On Daily chart Nifty EW suggesting B has done @
7714 and now C is unfolding, which may complete around 8500+ level if my
analysis is right.
Let’s see how it unfolds...
As LT is in downtrend, always have a SL/TSL for all
positions to protect Capital and Profit.
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