A Double top in construction

As seen on the chart of nifty a shooting star candle can be seen at the same top. The candle pattern is also followed a confirmation bar yesterday by closing below the low of the shooting star candle. The top around 22150 will now act as a strong resistance which can will be stoploss for those who want to sell this market with minimum target at swing low 21150 and an extended target at 20650.

Analyst
Abhay Bhatia