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Chana Ncdex

20 Jan 2021 ‚óŹ 06:56 AM

Chana has seen a deep correction and therefore most probably wave 2, that ended with positive divergence in the RSI. Nothing can for forever and so after a deep dive, the potential for a low is rather high. The 3rd wave would typically go back to test the high of wave 1 it initially we need to get past the immediate resistance at the 40 day EMA near 4616 followed by the 61.8% retracement mark near 5142

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