Harshil_g

Nifty Positional View

NSE:NIFTY   Nifty 50 Index
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