3 days to close monthly candle. If it makes PIN BAR there may be heavy selling and Nifty's previous breakout might be FAILSE. Option traders may get ready for down move. Currently US market supports selling.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.