NIFTY is still playing in the top Band TB (Refer my weekly report for more details).
- 2000 NN is still going strong with not even the caution level hit.
- Past two days NIFTY is trying to breach 5100 and continuously failing.
- However the candlestick pattern, in the 120 Min chart, after the confirmation of the Engulfing pattern, is showing weakness.
- Even though, major charts have shown strength, it looks like the pull of Gravity is increasing.
