Nifty -reverses from camarilla R3, closes below 100EMA.

Nifty partly filled the gap today. Nifty could not sustain above R3, making a sharp fall to close just above 17100. Gap up opening is indicated tomorrow, however it is unlikely to sustain. Crude has gained over 5% post market close and ukraine issue is still a worry. Cororna news is again making headlines and india VIX rose almost 9% today. Todays candle is almost a bearish engulfing candle. If market breached PDL tomorrow, then we could see further fall. PCR is 0.54 indicating fear of downside. What do you think?
Chart PatternsTechnical Indicatorsnifty50Trend Analysis

Declinazione di responsabilità