NIFTY VIEW....WE HAVE SAID BELOW 5400 NIFTY IS BEARISH..

AS PER 1ST CHART OF NIFTY WE SEE IS IN DOWN CHANNEL ,

AS PER 2ND CHART WE SEE SOME FIBO LEVELS. INDIAN MKTS. ARE STILL IN HEAVY BEARISH MODE THAT CAN NIFTY TGT TO 5177..5070..4960...LEVELS WITH THIS BEARISH RALLY...