Indeks Nifty 50Diupdate

Do hugging lines proficient to hold bulls of nifty?

Nifty is forming a bearish engulfing pattern on the daily time frame chart, and the price also declined from the control line of the parallel channel.
If the price sustains below the previous trading session, we can see a bearish move for the following targets: 17008 - 16867 - 16760.

Previous chart:
Nifty outlook - Strong Recovery or Impending Decline

Selling Targets:
TP 1: done
TP 2: done
Trading ditutup: target tercapai
Nifty reached the first target of 17008.
Catatan
Is Nifty About To Resume Bearish The Movement?

Pernyataan Penyangkalan