#NIFTY50 What next??? In an ascending channel, a three day volatility contraction is seen. Lack of momentum combined with positive index management thrust doesn't make for optimistic longs.
Short to mid term swing shorts can be initiated below 10545 with stop loss at 10643 for targets of 10225, 10027 and 9844.
View negated if Index crosses 10718-10725 levels.