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Again a Cat on a Wall. Nifty should cross 5720 or should break 5683-5690 to make a move on either side. As I see this move as an a-b-c-d-e, Ongoing wave should be 'e' wave and a fall must be upto the bottom of the channel as shown on the chart, shall be upto 5550 - 5560.
>>>IDFC<<<
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Stock seems to be tiered of Over bot, having support at 164.80, if gets broken then should touch 158. If the Support line gets broken, then over all uptrend should end and a deep fall is not ruled out.
Lets See. Cheerss!!!
