Rising wedge pattern in 1hr time frame breaks down & now it is getting retested. if got rejected nifty may see down move of 1000 pts in near future.
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Market has respected the 24420 Mark in first Trading session of this week. With PCR of 0.79 we are negative biased & it is more likely that market may go down. above setup will get invalidated with gap up opening above our rejection point.
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