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Rounding Top

NSE:NIFTY   Nifty 50 Index
1
Looks Like Rounding Top
Comment: Low 7916 And bounced back till 8020 & Closed at 7987.....If 7900 holds probably we il move towards 8285 - 8290...
8120 - 8125 Next Resistance
Though high of yesterdays candle is not yet broken,So consideration il be downtrend is still on ......Minimum risk for longs/short il be near support/resistance levels or near break down or break out levels of a pattern

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