Nifty is in d-leg of the probable Diametric or Extracting triangle formation and has also formed an Head and Shoulder. The Head and Shoulder and the extracting triangle is targeting somewhere close to 7940-7970 zone and diametric can end earlier. Nifty may also form an Inverted Bullish Head and Shoulder from here where the Head is getting formed now. Let us wait and watch.
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