Half Hourly Chart
Forming a larger coil which is a pennant, a continuation pattern.The correction of the rise therefore seems to be sideways.However,the gap up rise with a slow correction into the day since last two trading sessions shows waning momentum.
Till 5944 is crossed decisively cautious on longs.
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Happy Trading !!
Lakshmi Ramachandran
www.vipreetsafetrading.com
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