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Head & Shoulder in SGX Nifty

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NSEIX:NIFTY1!   GIFT NIFTY 50 INDEX FUTURES
As per the chart, SGX Nifty is showing a Head & Shoulder Pattern on its hourly charts.
Breakout is awaited.

Once a valid Breakout comes above the level of 13800, we may see SGX Nifty go to the levels of 14000 - 14100.

As of now one can keep it on his radar, and wait for the breakout to enter into the trade.

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