Nifty

Nifty ends with a bearish mood

Nifty had opened up near the resistance level as i mentioned in the morning near 7560 and we did trade above the same for few mins but we could not sustain above the same for much time. Markets had stuck in the strict range after opening hours and we ended with a Dragon fly Doji  on daily charts which is sign of Bearish mood ahead. Though for confirmation we need a day more tomorrow. CPI numbers are just announced and they have been improving which is a good for a bit. Indicators are flat on daily charts so now all eyes on candle tomorrow. If we get a lower low tomorrow than for sure my target mentioned on Nifty in Reserve is coming. So fingers crossed for tomorrow. 7560 remains crucial resistance for tomorrow

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