GIFT NIFTY 50 INDEX FUTURES
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5741 Probability of M formation or bearish flag

32
Reason for Short below Yesterday low
a) bear flag formation validates if breaks yesterday low with volume otherwise possibility of Double top at yesterdays high
b) Any reversal sign at 16200 with pin par closing in 1 hr indicates the reversal at 50% retracement for 0.5% target in 2 days.

取消訂單
No sign of bearish pattern. Hence bullish may continue for another 2 days.

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