as shown in chart below 8860 we can see fast downmove till 8770, above 8980, 9120,9200
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8860 level defended by bulls very well. what next?? 9200 seems yes
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will modiwave take nifty to a new historical highs. 2014 and still modiwave is very strong .lets see how this pan out. to me every 2 -3 % is a buy for atleast 10200 levels. 9240 is immediate resistance on nifty.
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history repeats itself may 2014- jan 2015 march 2017- --???
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few old post... we make things complex by analysis paralyis .