Indeks Nifty 50
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Nifty 50 forming possible short-term bottoming pattern

161
SGX Nifty is forming a possible inverted H&S bottom. I prefer necklines that are horizontal. Down-slanted necklines on inverted H&S patterns add doubt to the situation. Nevertheless, bulls should be on the alert if this H&S is completed with a wide bodied green bar.

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