Once the previous top has been broken, Nifty kind of respected that and managed to stay above except for one single year (2008) when it did close below that horizontal support line. We had an almost O=L for the next year candle and then repeated it. We have an extra ordinary situation again.. lets see whats in store
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.