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Nifty Update

7 Oct 2020 ‚óŹ 06:52 AM

As discussed yesterday nifty did reach 11724 which is wave iii = i. Nifty has resistance at this level followed by 11745 which is the upper bollinger band.11794 which is the previous high.
20 SMA support is at 11358. If Wave iii  gets extended then 161% of wave i will be at 12015.

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