Daily charts:
- trend is down on daily charts
- today nifty closed 0.5% in negative at 8749
- AD was 2:1
- nifty crossed 9000 and 9100 but was unable to sustain
- formation was a doji with a long upper shadow
- I have drawn 2 sloping lines/ triangle showing possible movement
- while this is not a pattern, if this is obeyed, we can have more downsides if lower trendline breaks
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhCQyRX6gf60VOWD-67sUJcoQPDaGofYHTo_OYxDRvDKGKjdL7Xb8_cVHkznc9mD-0i56rAUlV4tjYRD4rc-E0KHf7OJv-EcST0d6BlCnYdroOLN7AnSI9g2uv5SRpFsfTxHNxk93FkteL5/s640/a.png)
3 min charts:
- did not trade because of delayed prices and increasing volatility
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEirqiMJx_KSFPyHEnprjMa5f4gxK1HwO2UXdsrdlqgwEIVFRXbziC9EFCEzwXxTxk3hxOi7PBGiaJFDlFbA770UKXppasmWUMoF8hILo-mp54nHrw4VMPmXqOP2CEkF4XXnf-28qNq35RjK/s640/a.png)
15 min charts:
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhiQ3-ie-kJsvGQpxYtUmb7s0IeEoclbaRgJOpOuPj9gUQXeyJqCXohZGLqYgDwbMwc27l8pI3a0Y-AtAZIjhIP5DUp16FTJxt5_4PZyKrH-7l5plCBylfAwEDiBndowILu2Yzq1-gFtM73/s640/a.png)
- trend is down on daily charts
- today nifty closed 0.5% in negative at 8749
- AD was 2:1
- nifty crossed 9000 and 9100 but was unable to sustain
- formation was a doji with a long upper shadow
- I have drawn 2 sloping lines/ triangle showing possible movement
- while this is not a pattern, if this is obeyed, we can have more downsides if lower trendline breaks
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhCQyRX6gf60VOWD-67sUJcoQPDaGofYHTo_OYxDRvDKGKjdL7Xb8_cVHkznc9mD-0i56rAUlV4tjYRD4rc-E0KHf7OJv-EcST0d6BlCnYdroOLN7AnSI9g2uv5SRpFsfTxHNxk93FkteL5/s640/a.png)
3 min charts:
- did not trade because of delayed prices and increasing volatility
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEirqiMJx_KSFPyHEnprjMa5f4gxK1HwO2UXdsrdlqgwEIVFRXbziC9EFCEzwXxTxk3hxOi7PBGiaJFDlFbA770UKXppasmWUMoF8hILo-mp54nHrw4VMPmXqOP2CEkF4XXnf-28qNq35RjK/s640/a.png)
15 min charts:
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhiQ3-ie-kJsvGQpxYtUmb7s0IeEoclbaRgJOpOuPj9gUQXeyJqCXohZGLqYgDwbMwc27l8pI3a0Y-AtAZIjhIP5DUp16FTJxt5_4PZyKrH-7l5plCBylfAwEDiBndowILu2Yzq1-gFtM73/s640/a.png)
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