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Wealth_Guide

Nifty - Bearish Engulfing at resistance

Short
Nifty 50 Index (NSE:NIFTY)  
Wealth_Guide  
NSE:NIFTY   Nifty 50 Index
Chart Patterns
1
0
chartpattern
Nifty has formed a perfect bearish engulfing candle on weekly charts. Bearish engulfing suggests a 1:1 RR which means another 400-500 points fall within 1-3 weeks.

Educational purpose only - trade at your own risk.
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