Hugh chances of reversal if couldn’t close below 34000 On the other hand If 34000 is broken another 600-1000 points fall can be witnessed ✅ ALSO A EXPIRY WE CAN WITNESS SOME WILD MOVEMENTS TOMORROW 🚨
Rejecting seen right from trendline drawn yesterday In larger time frame, we can see it forming HEAD AND SHOULDERS PATTERN whose neckline is around 34500 levels, successful closing below 34500 can even lead to fill the gap till 33000 More inclined towards short WILL TRADE WHAT WE SEE RATHER THAN WHAT WE THINK
Trade what you see, not at what you think
Seems like an END to BULL RUN 🔻 REASONS BEHIND A POSSIBLE RETRACEMENT • Firstly, a double top pattern which is a strong bearish reversal pattern,A possible fall or good amount of retracement is expected in coming days if broke 14350 psychological support level and which would eventually break the trend line as well as the NECKLINE which NIFTY has been...