As I had expected yesterday , NIFTY was a down day today . BEARISH ENGULFING formed. Tomorrow Also i expect a DOWN day as the technicals are pointing towards it . But not sure HOW much down side will come . I expect atleast the last PIVOT low 5497 . My favourite is 5470 . Lets see the next 2 days .
Theres an outside chance of HITTING that thick GREEN line .That would be around 5430 area.