Historical Chart from 2006 to till date.
Based on cyclical pattern...after breakdown.....minimum 15% to 30% fall has happened in the past...
Now...nifty is going to close below the breakdown level 10263....(if closes below 10263)
Will nifty fall another 10 ~ 15%.....from 10130....i.e...8700 level....? (bullbacks are there always...but...not closed above previous candle high in all the sequences)
This is my observation for knowledge and study purpose
Let us see...how market behaves....
Previous sequence and present
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