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Then the Excel sheet will demonstrate Short signal. Now, if at some time in the day Nifty tends to make a brand new higher, say 8050, the Limited sign will disappear. I hope this clarifies.
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No doubt about the fact that you are a professional and you truly recognize the industry movements, but you can find large levels of certainties in most of these price tag steps determined by what is depicted from every month to about 1 hour.