Some observations



Nifty reversed from 61.8% retracement level. And a raising trend line resistance.




BankNifty Reversed from 38.2% levels. A bearish engulfing candle.

NiftyMetal almost double top and a bearish engulfing candle.

So do we have a short term top in place. Today's highs are now need to be crossed for next up move.


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