- Appearance of Green candles with long upper shadows , at a resistance area setup earlier by Bearish engulfing, shows that, nifty is exhausting.
- Moreover the second green candle looks like a shooting star, which is again a bearish signal.
- However a confirmation will come only after closing under the shooting star close.
Immediate Resistance 6345, 6375.
Immediate Support 6190, 6130.
No comments:
Post a Comment