Daily Chart
Breakout from downtrending channel and previous short term high of 11832.
Daily Chart
Rising wedge if forms another leg up then previous highs of 12103 will be taken out easily to form new highs.
Bank Nifty Daily
Bank Nifty making same pattern !
Conclusion : Markets may go up in this bearish pattern !
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Happy Trading !!
Lakshmi Ramachandran
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