#nifty50
1. Daily Chart
Opens with a slight gap
Did not sustain
Closed near day's low
Formed Bear Candle
Expectation for tomorrow
Gap down or flat opening
Sell on rise
Resistance @ 18400-18420
2. Hourly Chart
LL, LH structure.
Immediate resistance 18260 - 18300.
Sell on Rise
If we see a pull in the initial hour, watch for a sell signal near resistance.
There is a possibility that we might not see a pullback tomorrow,
1. Daily Chart
Opens with a slight gap
Did not sustain
Closed near day's low
Formed Bear Candle
Expectation for tomorrow
Gap down or flat opening
Sell on rise
Resistance @ 18400-18420
2. Hourly Chart
LL, LH structure.
Immediate resistance 18260 - 18300.
Sell on Rise
If we see a pull in the initial hour, watch for a sell signal near resistance.
There is a possibility that we might not see a pullback tomorrow,