The benchmark Indices have been forming a Head and Shoulder pattern on daily charts. The pattern finally played its part, breakdown came on 22/11/2021. Retesting of the same was done on 24th of November 2021. The breakdown can further be confirmed today.
Banks are weak, Reliance is weak. It is enough for these 2 things to be weak for nifty to fall. we can see 16200 levels on the nifty in December expiry.
Banks are weak, Reliance is weak. It is enough for these 2 things to be weak for nifty to fall. we can see 16200 levels on the nifty in December expiry.
Comment:
Nifty finally showing its true colors, 16600 shall be the stop.