Nifty's resistance line and RSI

• Nifty is about to hit its most important resistance line for this up move. Last two times when this trend line was hit we saw Black candles before the reversal took place. If a reversal has to take place bears shall form a black candle and may be followed by one or two day's of consolidation at this level without breaking above the resistance line.
• A combination of RSI and price has given good short trades from the resistance line. We are facing a similar Scenario But one has to keep in mind how nifty is approaching the resistance line this time. Bulls of nifty has the momentum so bears shall stand before this train and form a black candle for a good reversal trade.
• Don't try to short unless a reversal sign is shown.
• CRUDE OIL If continues its upward momentum may help the bears. CRUDE stands above the resistance line: CLICK HERE FOR THE CHART