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MDstockmagic

nifty will be weak below 16550

Short
Nifty 50 Index (NSE:NIFTY)  
MDstockmagic Updated   
NSE:NIFTY   Nifty 50 Index
Trend Analysis Chart Patterns Wave Analysis nifty50 Doji
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trendanalysis chartpattern waveanalysis nifty50 doji
nifty made the doji near the top... getting resistance near 16585-620

nifty will be weak below 16550 for tgt of 16480

it will be more weak if breaks down 16480
Comment:
nifty touched the resistance 16620 ....

it will be weak only below 16550-540 ... wait patiently for decisive break of levels
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