Red line is POFT (following Wave Rider) in this Hourly chart & green line connecting 6133-5972 (most recent POFT) ; Friday's bounce back touch this line after recovery of 39% of previous falls (273). POFT line
Chart in 5 Hrs
After two spinning tops ,below the POFT red line, Friday ended with morning star and bullish abondoned baby pattern . With RBI policy due, Monday is going to have a crucial day for Nifty.
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