Indice Nifty 50Short
NIFTY short
Big rejection candle on Weekly time frame.
Bearish trigger on higher time frame, possible downtrend in coming weeks.
Nifty has never recovered from such weekly bearish closing for 3-4 weeks before.
Possible completion of EW wave -5
21000-22000 would be next possible targets.
Bearish trigger on higher time frame, possible downtrend in coming weeks.
Nifty has never recovered from such weekly bearish closing for 3-4 weeks before.
Possible completion of EW wave -5
21000-22000 would be next possible targets.
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