Nifty seems to be in a corrective pattern. So there are many possibilities for its movements. It broke the LTL of the upmove today, so the corrective pattern shown by the arrows might be a possibility..
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Disclaimer
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.