- trend is up on weekly charts
- note size of big red bar
- NF has taken 5 weeks to retrace this fall
- this can have bearish implications if recent top is not taken out next week
- swing low support 9700
- on different note, NIFTY PE has crossed 26... not a good sign
- note size of big red bar
- NF has taken 5 weeks to retrace this fall
- this can have bearish implications if recent top is not taken out next week
- swing low support 9700
- on different note, NIFTY PE has crossed 26... not a good sign
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