Yogi
Short

nifty rising wedge chart pattern.

NSE:NIFTY   Index of the 50 listed India companies
164 3 4
nifty             rising wedge chart pattern.

if it breaks of red support trend line .
looks like the correction on nifty             will commence
Definitely in for a correction,please check RSI, there is a bearish divergence.
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i doubt this pattern as this lacks breakout(very small) required for this pattern to be successful. without light up move it is not successful. unless there is some serious negative news that flaws any upmove
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looks like this time its going to work.
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