Nifty 8778. is probably making a lower high target 8796

Nifty 8778. is probably making a lower high,
trading in a side way market for the last
2 weeks, making 2 spinning top on weekly chart.
Today's closing above 8796 is doubtful.
above 8796 can go 8820

Only trade above 8822 for a higher target 8860_9000
below 8780 target 8710. and we can correct more.
(This was a previous note too)

Kommentera:

Nifty crossed the lekshmanrekha

Kommentera:

so it is happening the other way, making a higher high and coming down

Kommentera:

A deadly cross