RetailSwingTraders

A Red Candle will confirm the downtrend for NIFTY

NSE:NIFTY   Nifty 50 Index
After one indecisive candle, there are two red candles has shown for NIFTY, one more RED candle comes today, than it will confirm downtrend for NIFTY for next couple of days.
Friday’s candle was also kind of indecisive.
$ is going up
Crude Oil is going up
Gold is going down.
Trade closed: stop reached:
no red candle has come, NIFTY is in up trend

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