The Nifty Future has an unfilled opening gap and has reached the lower boundary of Wave-B channel where it found some support. The break of the lower boundary will accelerate the decline further with the next support near 10552.
The Day traders can sell it below 10704 with a stop loss of 10736 for the target of 10640 and 10590.
The positional traders holding short position can move the stop loss to 10801 for the target 10335.
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