SGX Nifty Bearish Sign On Weekly Chart

The index gave bearish sign on weekly chart

On weekly time frame formed a shooting star candle which is a bearish candle near resistance.

Profit booking at higher level is needed for further move.

Closing above 18050 will reject down move.
Chart PatternsTechnical IndicatorssgxniftysgxniftyanalysissgxniftycandlestickpatternsgxniftychartanalysisTrend Analysis

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