Nifty Monthly - Very Bearish Price Action

NSE:NIFTY   Nifty 50 Index
This price action suggests the long side is capped for a month or two. If, however, the top of the candle is taken, NIFTY can move very higher. Ideally, people who are not aware, should not trade.....
Trade closed: stop reached: The top is taken out in three days, so this view is negated now.


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