Strike Analytics

Indian 10 Year GSEC yields

7 Aug 202009:06 AM

The Indian GSEC yields completed a 5 wave decline going by the ending diagonal at the end in wave 5. Now this entire 5 wave decline is wave 1 of a bear market and we get a wave 2 bounce. It need not be big but a 23.6% retracement of the fall is at 6.36% so that could be the minimum.

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