So today Nifty has formed a bearish engulfing pattern on Daily chart......Looking forward to downside.. fingers crossed
once we find a reversal we can Expect DOW to fall around 31600 this target is valid till and if sustains the current level the target could be 33000 to 34000 hope to see you guys in comments Thank you :)
if nifty sustain above 15950 and 15980 we cab expect a high of 16040 with a stop loss of 20 points
As we see the market today is not making bigger moves and hence would like to estimate a 50% fall from todays high
