Current trend- Bearish.

Pattern-upside wedge.

Expected – Index touching upper neck line or take reversal and after that touching lower neckline .When Index cross the lower neck line with good volume candle then breakdown start and also one Sharp correction near to 7500.

Analysis without check OC and Delivery% data.

Nifty Chart on monthly period. When past chart repeat then this chart follow by nifty in future and bearish movement expected. This chart as on 18-12-2019.

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