raghavendrakumart

Aggressive Sell - Nifty - Week timeframe - Shooting star candle

Short
NSE:NIFTY   Nifty 50 Index
5
In its 21st week ( Fibonacci number ) of the rally from the lows of 7893...along with a 5 wave rise in Day TF...+ Developing shooting star candlestick pattern..calls for an aggressive sell in Nifty .

Attached is a long term chart of Nifty which was shared in December / Jan with a breakout scenario. Reposting the same chart to ensure continuity and have only 1 reference to the chart.

Red arrow are the Shooting star candlestick pattern in week timeframe.
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