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Nifty Video Update

29 Jun 2020 ‚óŹ 06:56 AM

Nifty is pulling back and we need to risk manage the short term hourly cycles keeping the overall picture in mind. 10120 and 20971 in Nifty and Bank nifty are the 20dma immediate support levels to watch for the next move. One last scenario not discussed in the video is that wave count remains wave iv on daily charts and that is forming a triangle, then we just move up and down in the range above 10200 till the triangle is complete.

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