Nifty reached the target as posted in the previous update (link attached). It seems to be forming an ending diagonal and might move up to retrace the previous wave down. A move above wave 4 would be a confirmation (or above the upper trendine). If it continues down then the short trade can be held.
Chart PatternsTechnical IndicatorsNIFTYnifty50niftylongTrend Analysis

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