NIFTY View

NIFTY: Bearish Consolidation

NIFTY-30 minutes
On the 30 minute TF chart, NIFTY future is forming a bearish consolidating pattern. A break below the rising trendline support at 5540 levels on NF can drag it down another 50 points. Keep an eye on those levels for shorts. SL at 5580 levels. Targets 5500/5470.
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