The rise in Nifty future still appears to be corrective even though the triangle pattern which I was anticipating did not happen. Buying in nifty future should only be considered above 10019 with a stop loss of 9970 for a target price of 10098-10117 region.
Aggressive traders can sell it below 9994 with a stop loss of 10019 for a target price of 9931.
The normal trade is to sell it below 9970 with a stop loss of 10001 for a target of 9931.
No short position should be maintained above 10018.25.
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