Nifty's Future Move
Hi there again....
As posted earlier ....there were signs of weakness in Nifty Fifty. The weakness was shown by simple trendline analysis (thats what I call)...Now the question is are...going to witness a complete downfall...???
Nifty is currently at 3774...and the kind of candlestick it is showing is or can be termed as bearish engulfing ...for conformation we need to wait till monday...
While I also looking at support for nifty at about 3741...which would decide weather the last leg of upside is still there..
Happy Investing
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Best of Luck
Satadal Payeng