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Harshil_g

Nifty Positional View

Nifty 50 Index (NSE:NIFTY)  
Harshil_g Updated   
NSE:NIFTY   Nifty 50 Index
Trend Analysis Harmonic Patterns Chart Patterns NIFTY positional view swing consolidation spreadtrading
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trendanalysis harmonicpatterns chartpattern nifty positional view swing consolidation spreadtrading
After a long Uptrend, Nifty seem to have halted for a while and haven't crossed High of Feb month and have been reversed from that Supply area.
Nifty forming an bearish pattern (some call it Inverted Hammer or Shooting Star) on Monthly Time Frame

Bearish confirmation only when it breaks 13660 else sideway movement to continue
Comment:
If nifty closes below 14264 on monthly closing then chances of bearishness in the Index else sideways market to continue
Sign of movement will come once market finds its route
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