As we can see NIFTY has fallen exactly as analysed as it couldnt sustain itself above 26000 level. Now that it has closed below 26000, and also fomed M kinda pattern in bigger time frame which is a REVERSAL kinda pattern moreover we can see a strong bearish candle in WEEKLY time frame which can add fuel to fire hence sticking to our view, we will keep selling keeping target of 25500 in coming trading session so plan your trades accordingly.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.