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Nifty - retracing to 18600 levels

Short
Nifty 50 Index (NSE:NIFTY)  
Investing_Trading  
NSE:NIFTY   Nifty 50 Index
Trend Analysis Chart Patterns Wave Analysis
9
1
trendanalysis chartpattern waveanalysis
Nifty has hit the resistance level of 20214.
Now the index is expected to retrace to the levels of 18600
We may even see it hit lover levels of 17600 ( 50% chance).
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