Indeks Nifty 50

BEAR FLAG inside a RISING WEDGE

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Bears are coming back from hibernation and bulls are aware of it.

Nifty is not looking good and above chart is true reflection market sentiments.

Retailers are being trapped with false rallies while big positions holders are using it to are liquidate their positions.

For now lookout for the breakout on the lower side of blue line and open a short trade accordingly.

Dm me if you need any further help.

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Penafian

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