In its 21st week ( Fibonacci number ) of the rally from the lows of 7893...along with a 5 wave rise in Day TF...+ Developing shooting star candlestick pattern..calls for an aggressive sell in Nifty.
Attached is a long term chart of Nifty which was shared in December / Jan with a breakout scenario. Reposting the same chart to ensure continuity and have only 1 reference to the chart.
Red arrow are the Shooting star candlestick pattern in week timeframe.