Traders, there is a high probability set up on Indian Index Nifty (Nifty50). The market has reached a high probability FCPZone and can fall from there. The arrows show the direction and potential profit targets. As the markets are over stretched and we are in the final days of December, be careful with your positions. Trade only after confirmations. If the market goes above this FCPzone and gives us a confirmation to go long then only we should consider it. Else it is short biased opportunity.
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Take care and trade well -Vik
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