NIFTY UPDATE

NIFTY has formed a low at 17,857 on spot, pretty close to our objectives of 17,850 which I shared earlier. We have witnessed a one way decline which was missing earlier. For short term market is at a critical support. Doesn’t mean it can not fall further.
Only point is we have achieved our extreme short term projections. We got HEXAGON breakdown today, next we would look for HARMONIC CHANNEL breakdown which would trigger below 17,680 on spot. Can take TIME let’s see!

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