Om Sri Ganeshaya Namaha

Om  Sri  Ganeshaya  Namaha
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Wednesday, October 20, 2021

Classic Followup Selling

Nifty Daily Chart 

Classic followup to yesterday's bearish engulfing candle.This indicates a reversal.Support comes at Support line of rising channel at around 18000.Previous peak support is at 17948.AND gap supports as shown in my earlier posts.

 Bank Nifty Daily Chart 

Bank Nifty has strong support at 37708

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Happy Trading !! 

Lakshmi Ramachandran