Nifty futures chart is shown above. We have almost a sell signal but the Doji star that has been made shows indecision for bears to take the prices down further. Monday will show which way the prices want to move. 4845/4811 are critical points as supports. On the upside 4911/ 4942 remain as key points to watch.
Below as well the Nifty is showing as overbought in hourly and this needs to be seen how low does it want to go.
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