If Nifty closes below 11838 then another 221 points down

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If Nifty closes below 11838 then another 221 points down to 11616 possible.
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it didn't happened as expected. monday market opening can gap up to 11956 but will still be in the bearish zone until 12000 taken up.
Chart PatternsHarmonic Patternsnifty50niftyanalysisniftyindianiftytrendTrend Analysis

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