Raising Wedge in Spot Nifty - 22nd Sep 09

Update @ 3:05 pm:

Break down did not happen, invalidating this.

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Spot Nifty Intraday chart - 5 mins:

Spot Nifty formed a raising wedge in 5 min charts, also we can see it in futures too but it is not perfect. If it gives break down with confirming volumes, then I will exit the long trades at the break down and reverse the trade for intraday with small quantity.