Índice Nifty 50
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NIFTY

Similar situations, MACD about to change it’s direction, oversold. Elliot wave theory. I'd like to know your opinion.I might be wrong, this is just a possibility
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snapshot

Well, not looking so good. Possible H&S pattern. RSI & MACD facing down. Big correction time.
Nota
Sorry folks, not looking good at all. I’m expecting more downfall with bounces.

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