March 12, 2021

NIFTY EOD charts

- today markets closed 1% in negative at 15031
- AD was 2:3

- markets were up initially but sold up 300+ points intraday
- this has formed a huge bearish engulfing bar
- selloff happened near all time highs

- in twitter, there have been many posts showing record OI in nifty and banknifty
- this has lead to speculation of a significant top being formed this year

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