nifty is in crutial level
in daily chart it forms a hammer after a significantdown move with RSI at 40
in hourly chart it forms a morning star after few days down ward trend with rsi just above 40
all other sector such as nifty bank PSU Bank, metal , media were in down trend maximum sector ended either RSI close to 40 or bollenger band support with lower...
down trend in place in daily frame big red candle with high volume appears on Friday, may signifies down trend will end soon this may be the exhaustion selling or last selling and RSI touches 40 should reverse from yhis position for confirmation we have to wait next session
