Nifty Long Term and Short Tern Analysis for option Trading

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Following a 4% decline, the Nifty has found support at a significant trendline. This technical setup suggests the potential for a substantial upward movement. Given the recent pullback and the current support level, the index may be poised for a strong rebound, potentially offering considerable returns to investors.

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Not

Moved 360 plus Points from trendline , within a minute 200 points dropped

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Not

Now 400 points dropped

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Not

waiting for 15 minute candle close on Trendline

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Not

nifty dont close on trendline, nifty is bearish