The Nifty is now pressing up against resistance as represented by the upper boundary of a rising wedge and the Aug 2019 low. The Nifty is on my radar for a short trade with over-weighted leverage. In order for me to establish a short position it will be important for the advance to stall out in the 10,600 zone and push sideways for a week or two. A close above 10,800 will nullify my eagerness to be short the Nifty futures contract in Singapore. Should price stall and drift sideways, a decisive close below the lower boundary of the wedge will be my signal to sell short.