The Nifty gave a tremendous Gap up opening as I analyzed in the previous post. Now today Nifty 50 is looking bearish as you can see a formation of a Channel and also the PCR is 1 which is Neutral or Bearish. As shown in the picture, there is a major resistance on 16225-16250. But if Nifty opens with a gap down opening be carefully as it can also be a fake move to...
