Nifty possible downside based on Global Indices

NSE:NIFTY   Nifty 50 Index
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I may or may not trade this analysis

Nifty during after breaking day high in last 1 hour on 25th Feb made 3 black crows on 15 min chart.

It is likely break below 0.236 fibonacci level near 15050 that will be sign of weakness. It will be A Wave.

A bounce back towards resistance 15110-145 again possible as B wave. Going short near this sell zone will be low risk high reward.

Stop loss of this analysis yesterday's high 15177

Sharp downmove towards 14850-750 zones can be expected in wave C


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