Nifty likely to top out

NSE:NIFTY   Nifty 50 Index
It seems that the upside momentum in nifty has got exhausted and may see a correction up to 8600 price levels for short term, one can see that nifty is forming a rising wedge kind of pattern which is a bearish pattern , whereas price action in other emerging market indices also seems to be bearish and experience a correction.


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