1 HAS FORMED LARGE BEARISH ENGULFING OF PREVIOUS BAR. 2 HAS NOT YET CROSSED 200 DAYS SMA. 3 TREND LINE NEAR BY LIKELY TO OFFER RESISTANCE. 4 BREAK DOWN OF NIFTY MAY TAKE IT TO TARGET 1 TARGET 2 AND TARGET 3 AS SHOWN IN THE CHART. 5 IF NIFTY SURVIVES TARGET 1 AND TARGET 2 UPSIDE POSSIBLE AS SHOWN IN THE CHART UPSIDE.