Hi friends,
Nifty inched up after completing abc correction
which was first looked like a triangle ,And is still rising ,Though intraday corrections have started
to look steep and the buy back after that was not that fast ,First sign of exhaustion.
From the chart we can see
7550-7560 is the first support
till thats held i don't see
a big dent in nifty.Keep that
as stoploss for your profits.
Regards
Rish
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