Nifty at the consolidation stage.

NSE:NIFTY   Nifty 50 Index
Nifty is at the consolidation stage as shown in the chart and Bank Nifty is also started trending down.

Wait till Nifty cross the major support of 10700 and for downside fall.

For any upside move Nifty has to cross 10900 and then only we can expect it to move upwards.

Data points bearish.

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