NIFTY short term downtrend intraday

The NIFTY is on a three day bear run on the basic candlestick patterns. The patterns indicate a strong favor on the bearish elements. I like to keep it simple and only look at easy to read patterns and intraday swings. 15 min chart also provides some stability in intra-day trends.

UPDATE 1 : NIFTY Levels for 20-03-2018 -- 10,050

Zlecenie aktywne:

Update 2: NIFTY there is a swing in the pattern. These are small term price action the overall trend is still strong towards 10,030, 10,050 which would act as strong resistance for move upwards till 10,350, else we could see 9,945 level in the next few days.