NIFTY STRATEGY - SELL ON RALLY : WILL IT WORK?

WE HAD A 300 PTS FALL FROM 8806 UPTO 8506 SO RETRACEMENT POSSIBLE TCL 8693 @61%
BELOW 8550 WE CAN GO UPTO 8505 - 8480 - 8450
ABOVE 8600 WE CAN GO 8656 - 8693 - BULL

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only thing we don't want is vice versa of yesterday
early sign of channel change??

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worked perfectly