- nifty closed 3% in red at 13328
- trading range was 600 points
- intraday fall at one time was 300 points in 5 min
- AD was 1:10
- VIX jumped 24% to 23
- in the past, these red bars have been a one day correction
- afterwards there was minimal price correction mostly time based correction
- will history repeat?
- kplswing indicator says trend is still up
- but today's price action would have stopped out where SL was 5 day low
- 10 day low SL is around 13200
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