NIFTY50 consolidation pattern breakout retest.

٢٥ ديسمبر ٢٠٢١

Hear we can see Nifty50 makes a consolidation pattern breakout and retest on a daily chart, it's a sign that nifty50 may fall and trying to close near 16700~16750, As we can see RSI is also showing a decreasing movementum. So it's an higher probability that nifty50 likely to fall till 16700~16750. Let's see what happens on monday....