NIFTY50 - A DIFFERENT ANGLE - SGX NIFTY 50 INDEX FUTURES (CONTINUOUS: CURRENT CONTRACT IN FRONT) SGX:IN1! sreebhashyam If one were to view nifty from the point of angle of elevation it is stable around 30-40 degree inclination. Excess of 50 degrees always met with correction. Point to note the entire correction is now around the healthy less than 40 degrees while the fractals of these up-moves are not. This can potentially a) bring sudden corrective move (which is eluding now) b) incremental moves would remain volatile and higher range. To take profits is not sin around these area.