NIFTY 50 today formed a Bearish candle and on Friday 22.07.2022 irrespective forming an Bullish Candle and FII turned into a Net Seller with moderate 675.45 cr and DII again Net Buying with 739.38 cr .
Which in turn can find today with FII being Net Seller with 844.78 Cr and DII also Net Seller with modest 72.26 Cr .
After a uptrend momentum formation of a Bearish Candle is always a Reversal trend.
If Below 16560 then Target 16475 If Above 16850 then Target 17090
Note Nifty 50 needs to fill a Gap 16373 and Bank Nifty forming a Doji Candle shows there is a lot chances for Nifty 50 falling tomorrow.
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