Nifty has posted low of 24919.80 on 21 Jan and yesterday slightly higher low of 24932.55. This is good sign for uptrend. It started to fall from a top of 26373.20. Total down fall of 1453.40. Earlier uptrend wave amplitude was 4408.60. So, this correction is 33%. ST buy TP as per our share software is 25232.50. So, it is very close and if crossed, we will get short term buy signal. Let us watch.
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