NIFTY is preparing itself for a directional move.
As we can see NIFTY had been consolidating in the same range as of now but it has recently broken a rising channel pattern and looking it in bigger tf, we can see it forming more like an inverted flag-pole pattern which is a bearish continuation pattern. We cannot confirm the weakness unless it breaches and sustains below our level else acting as a strong SUPPORT. We may expect a strong REVERSAL from our given levels so plan your trade accordingly based on the breach of levels either side.
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