NIFTY: One more opportunity to buy lower.

Nifty is on excellent bullish levels on its 1D technical outlook (RSI = 66.330, MACD = 172.380, ADX = 16.480), extending the bullish wave of the 4 year Channel Up. Being close to the R1 already, a pullback to the 0.5 Fib and the 1W MA50 isn't unlikely, as it is what happened in September 2022. That will be our final opportunity to buy low and target the R1 level (TP = 26,300).

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