NIFTY failed to rise on Friday. As of now, there is the possibility of a Double-Bottom at the present level. If the level holds, we could see a good bounce. If not, an initial drop to 2747. In any case, it looks like this is a good time to let the market show its hand before deciding on a course of action.After Monday's close, I will post an updated chart with a re-aligned Gann Grid.
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