Mayur_Undale

Downside in Nifty from 10,000 level

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NSEIX:NIFTY1!   GIFT NIFTY 50 INDEX FUTURES
Here SGX nifty chart is taken into consideration.
Price in Nifty is contracting with a rising wedge pattern. With declining volumes there is a possibility that Nifty will find ot very difficult to cross 10,000 and will crash from there. watch for another 10 -12 trading sessions for change in Nifty strategy.
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