ParimalDevnath
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Nifty, Breakout

NSE:NIFTY   Nifty 50 Index
Bulls not able to give a breakout of the Contracting Triangle within which there is a formation of Rising Wedge in hourly chart. Some more failed attempt and bears may take up the reins.
Comment: Now that bulls have given up, downside is to halt at 50 DMA or the lower trendline support.
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