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With a lot of India news affecting the market…

Lately there has been a lot of news about India tightening too much and then loosening a little bit of money liquidity. Bombay Stock Exchange (BSE) has a head and shoulder or it can also be a triple top. Either way, the support has been broken and the potential downside is possible. If one is looking at head and shoulder, the potential downside has a possible to reach as it is also a classical support. Therefore be cautious on long position and set a trailing stop.
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