Indice NIFTY 50
Short
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Nifty forming a Rising Wedge pattern

172
Let me know your views.
Nifty seems to be forming a perfect wedge pattern in the daily log scale chart. A few more gasps before breaking down.
Transaction en cours
Nifty did not break the wedge pattern today. Expecting an upside tomorrow - can go above 10950 before it retraces again. Its coming very close to the apex and a breakout closer to the apex is usually not very strong.

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