As updated earlier, NIFTY hit the 10,500-10,600 range and has now started the move down. 10,480 is a crucial support (the steep small trendline + yesterday's close) - break of which will trigger the move we anticipate.
Trade ativo
As mentioned earlier in the day, once 10480 level got breached market quickly tumbled another 200 points. More red likely to come tomorrow.
Trade fechado: stop atingido
While the market is still in the wedge, the correction didn't complete as expected.
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