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NIFTY50 CAN MOVE IN A DOWNWARD TREND NOW !

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NSE:NIFTY   Nifty 50 Index
Hey There !!
Prepare yourself for another round of selling in NIFTY50. Since in today's market, NIFTY50 has formed a red bearish candle after a green candle formed yesterday, it's an BEARISH ENGULFING pattern plus it is formed on a resistance that means a double conformation that market may go downward from here. You may see a Gap down opening tomorrow. In the coming times nifty may show 9800 level again. All the best. Happy Trading.
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