As we can see NIFTY remained sideways throughout the day despite BANKNIFTY rallying unidirectionally but NIFTY remained inside the range we mentioned but it looks like the consolidation is about to be broken anytime sooner as we can see NIFTY has formed more like an inverted head and shoulders pattern in smaller time frame hence any closing above todays high or given level mentioned in the chart, we may see a strong upmove coming up anytime sooner which could be unidirectional hence we must be prepared for the move as and when the level is breached and sustained above
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