Bearish Engulfing in Nifty Today.

Nifty 50 IndexNSE

Description

⋅ Sep 28, 2023 9:23 PM

Bearish engulfing candle seen today which is not a good sign. If we get a negative confirmation candle tomorrow to end the week we will see further weakness. The support and resistances on upper and lower side are as under:

Nifty Supports: 19245, 19042, 18890 and finally 18688.
Nifty Resistance: 19775, 19887, 20K+.