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Nifty topping |
shaadoo
White Belt
Joined: 22 Jul 2010
Posts: 153
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Post: #1  Posted: Sun Jan 20, 2019 9:44 pm Post subject: Nifty topping |
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Nifty spot has given a false symmetrical triangular breakout.
From last three trading days, nifty is making reversal candles, 3 doji at resistance level indicating that the bulls seems to be out of steam and gradually bears are taking control.
A close below 10780 on nifty spot may confirm that bears has the full charge and a sharp fall may be witnessed.
let see what happens |
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