NIFTY flips at the channel line and target 3

Perfectly drawn channel and decided targets.
nifty open is high perhaps, touches the upper line of the channel and target 3
and quickly changes direction and touches 5 dma and closes below it.
clearing signaling some pull back is taking place.
short term trend is down ward definitely. may not take place tomorrow or may take place too
as FII cash market buying is showing very low and DII selling figure more.
as Thanks giving day ahead FII may not be active tomorrow too.
let us see what happens tomorrow(of course today as it is mid night already and 26 th).

Kommentera:

don't forget to like my post.

Kommentera:

not clearing above it should be clearly.