Nifty retraces from 50% fibonacci level Satış

Nifty 50 IndexNSE

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⋅ 18 Nis 2018 13:05

Nifty formed a bearish candle from 50% fibonacci level. A short pullback can be expected. Also, the stochastic indicator showed a bearish divergence further showing the possibility of a pullback.
Entry: 520
Target: 500/495
Stoploss: 530

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