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We Can See a Good Correction From These Levels In Nifty, Unless Nifty Breaks The Previous High Made By Previous Peak, The Uncertainty Stands, Yesterday Nifty Failed To Breach That Recent Peak and Ended on a Negative Tick. It Looks Like The Price Action That We Saw Was in Respect to This Overhead Resistance Trend Line, Moreover Fib Retracement Levels are Also Confirming This Level to Be a Resistance. We Can Either See a Correction or a Sideways Market As We Have Seen For Prior 2-3 Weeks, Before Prices Resume Their Upward Move. However a Close Above This Resistance Trend Line Will Signify Strength, But Considering That Markets Are Pretty Overbought, The Probability is Favoured For Consolidation or Correction. #NIFTY50