Tradernawab

nifty , magic of 38 days cycle

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NSE:NIFTY   Nifty 50指数
it has been predicted that after 13 nov. (completion of 38 days cycle) downfall will come, if you see right after 13 nov ,instead of going down , it went up but it made a bearish candle , next day again up but made a bearish candle, 3rd day it made a dozi and today it made a inverted hammer ( bearish candle). however it went little up but candles are screaming that they have no strength left . it was going up because of bank nifty pressure. today bank nifty got out of steam and nifty too came down along with it.
a negative div on rsi too can be seen.
in coming days it should go to the level of 12000.

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