NIFTY top is in the for the year

Updated
To put it into context first it is likely we are in the 4th wave of a multi decade sequence. This means that the flow for wave 4 is going to retrace towards 23.6% of the impulsive wave 3.

Very simply from the technical side, 9516 - 8128 are both in play with the global slowdown. Here expecting Indian Equities to remain under pressure.

Best of luck!
Trade closed: target reached
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Chart PatternsindiaindianstocksNIFTYnifty50niftyindiaTrend AnalysisWave Analysis

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