karankapoor1987

Nifty Weekly View - Bearish

Short
NSE:NIFTY   Nifty 50 Index
On a weekly chart Nifty could not fold 10800 levels which indicates no bullish trend.

Point that should be kept in mind :

Global Cues - Week
US markets in bad shape.
Formation of SHS Pattern on nifty
Trendlines are indicated in Chart.
If SHS pattern breaks from the support line of 10000 we can see market cracking upto 8800.
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