1. It made bearish engulfing candle with closing of last month.
2. After engulfing candle there was good follow through. all depends on closing price of March.
3. in short term we expect 61% retracement which is nearby 9600 zone. ( its not shown in chart by fib tool.)
4. Gann fan clearly indicating big fall towards 9500 if march's closing is on down side.
2. After engulfing candle there was good follow through. all depends on closing price of March.
3. in short term we expect 61% retracement which is nearby 9600 zone. ( its not shown in chart by fib tool.)
4. Gann fan clearly indicating big fall towards 9500 if march's closing is on down side.