The market has recently bounced from the 50% retracement level, presenting a great opportunity for investors to enter long positions. This pullback has created an attractive entry point for those looking to position themselves for future gains. I am currently long at 2,700, with a positive outlook for the coming months and years.

If the market experiences any further drops from the current levels, the 2,400 range also provides a solid entry opportunity. This level could act as strong support, offering an ideal spot to accumulate more positions at favorable prices.

Chart PatternscolgatepalmoliveTechnical Indicatorsnifty50Trend Analysis

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