Nifty - Bears knocking the doors

NSE:NIFTY   Nifty 50 Index
The marked ellipse seems to be a corrective rise so far, in the form of zig-zag . The marked square is a rare island reversal pattern formed at the top. The break below 11549, will break the uptrend started from 10585 and the index might be ready to retrace back towards 10000.

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