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Soy Bean NCDEX

17 Mar 2021 ‚óŹ 04:40 AM

The RSI reached 80 and wave III = wave I * 1.l618, meaning the first Fibonacci extension level. The near-term risk is for a wave IV pullback to start which can be a 23.6% or 38.2% retracement of wave III, at 5302 and 5135 respectively.

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