Indice Nifty 50
Long

NIFTY | A HARMONIC REVERSAL?

181
Disclaimer: This publication is NOT a trade recommendation, but only my observation. Please perform your own analysis before entering your trades

Points to Note:
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1. A bullish cypher formation in Nifty seen with support being taken at the PRZ. The required coordinates of a Cypher pattern are mentioned in the chart.
2. The RSI has entered the oversold territory, under 30. Another indication of reversal.
3. The cypher target can be near 24000, which is the half-point between CD

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