S&P CNX NIFTY INDEX FUTURES
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Market Breakout Followed By Retest

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On weekly chart, Nifty and Bank Nifty have both completed breakout and retest of resistance levels with inside candle pattern. We will enter long if price reaches mother candle high with stoploss at candle low. Target determined by reflection of overall correction. There is a good chance that last week low will act as long-term support so this can be a good time to invest.

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