Sectoral chart of 27th April
I was clearly mentioned in Shanghai outlook.Warning sign for Indian equity's if Shanghai closes below 2918.Whoever ignored it going to pay tomorrow.
Tomorrow we will open 60-80 points gap down.
Me and my clients are holding shorts......Cheers to them.
Downside support at 5220 below that 5180 - 5200 should offer support.
Upside resistance at 5260 and 5290.
Bearish Harami on Nifty charts:
Take a look at chart here.
Click here to read about Bearish Harami.
Cheers & Best to your trading.
Disclosure: Holding short positions