nifty has surged in excess of historical price channel and thus we should begin looking for signs of price reversal. the markets are way over bought!
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Markets have shed more than 500 points since this idea was published!
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the downfall continues!!!!!
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the markets have made a reversal pattern now.......the future looks easy to predict.......it will be another move up......retest 11700......and then funal fall.......we are now in a bear hug.......worst of all.......markets may lack the strength to reach 11700 too!
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nifty has fallen more than 1300 points since our call
now it is showing another interesting pattern
i suggest to cover all shorts before close on 8 oct 2018!
now it is showing another interesting pattern
i suggest to cover all shorts before close on 8 oct 2018!
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the market has assumed a bullish structure.....bears failed to get a weekly pivot low below 10000 so far and its actually higher than last pivot low......markets may see a major bounce tomorrow......see the last two pivots in this chart