trendline tests,flag
upward momentum is decreasing, a return line failure is formed
nifty 50 is till now in nagative sentiment .it is below EMA.red trend line is major psychological support.if it break nifty may come to down side.
it is smple zigzag trading.fib retrace ment level are mentioned.there may be a strong support from .618 level or .50 level.so from this area there be a reversal.
wyckoff volume analysis
gold is onthe way of making bullish flag pattern
turning point may be from 230 level