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3 Day Losing Streak

After forming a shooting star on Monday Nifty closes in red continuing the losing streak.Nifty has halted at the magical Fibonacci levels of 78,6% and reversed from there.One more bear day would close this week with a Bearish Shooting Star candlestick pattern on weekly chart tampering the sentiments. Furthermore weakening Rupee &  Crude oil peaking above 80$/Barrel adding more to the woes.

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