Nifty 50. Bearish engulfing candle.

7 בספט׳

The Nifty is been showing upward movement since last support zone. But now the global markets closed red on the last Friday. This can effect nifty on Monday. Also bearish engulfing candle is formed on weekly time frame. We can expect a short downward movement by nifty from there .

Disclaimer: This is just for educational purposes only.