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SGX Nifty at a Crucial Juncture

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NSEIX:NIFTY1!   GIFT NIFTY 50 INDEX FUTURES
The chart shows that SGX Nifty is currently at a crucial Trendline support on it's hourly charts.

A valid Breakdown below it will probably lead to its downside.
And so will be the impact of Indian Nifty.

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