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I have mentioned clearly, “The falling prices will pause at 151.50, which is the sub-corrective wave 4 of the lower degree. If the price sustains below 151.50. traders can sell for the following targets: 146 – 142 – 135. We are out of the market in case of opposite move.”
I have mentionedclearly, “We have published a Nifty research report. The Nifty was stuck between supply and demand. The bullish limit was 17300, while the bearish limit was 17600. Upon completing wave B, and sustaining above 17300, the price can move up to the next resistance level of 17600. “
I have written clearly,“Bear traders can benefit from the weakness of the security. If the price sustains below 1103, traders can trade for the following targets: 1086 – 1072 – 1058+.”
Timeline:[06 March 2023]
12:15 PM – Price touched the first target of 1086.
[08 March 2023]
09:15 AM – Price hit the second target of 1072, and made a low of 1069.