NIFTY is testing the descending triangle resistance
NIFTY is testing again 15370. A break below this level would lead to an extreme downside extension and a complete uptrend reversal. A break above 16700 is required to invalidate the downside reversal. Price action is getting squeezed and the breakout is near.
Note: look for the short trade entries upon a break below 15700 with the stop loss above 16400
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