NSE:NIFTY   Nifty 50 Index
* Bearish Candlestick
* Multiple Fib resistance of 261.80%
* Over Bought RSI
* AD Line sloping

Comment: Finally Bears are having good time.
Comment: Fib and Candlesticks at work..
What is your trading idea sir? Should we buy or short nifty?
bbrijesh jaguar.paw198
@jaguar.paw198, Had mentioned Bearish pattern sir.
Nice chart, Brijesh.

Just to add, there are multiple highs around the same level seen on 10K, 10.1K, 10.2K CE charts, combined with some buying interest on PE charts near lows . Whether it's a one-day price action or an indication for a dip, we may know soon, I guess.

Looks like a good trade opportunity is around the corner :)
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