Through Nifty spot made Weekly Bearish Engulfing Reversal Candle , it is early to say Trend
has changed to Bearish.
Bearish Trend confirmation only below 20 Weekly SMA 10352 & Rising support Trendline break down .
Nifty : Any pull back acceptance or rejection at 50 SMA may offer
good entry point.
1. My entry level : High of Any Bullish candle near 50 sma
2. My sell entry : If Nifty break 50SMA and fail to cross during 50SMA during pull back