mklives

NIFTY..Bearish Engulfing

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NSE:NIFTY   Nifty 50 Index
NIFTY has formed a bearish engulfing candle and also shows negative divergence on daily charts ..
gapped up and close the gap and ended towards the low of the day.
short term bearishness to set in with today's high as SL
Comment: still not closed below the big red candle