It was a complete bearish 'change of guard' pattern seen in the last session after testing the previous high with the bear engulfing.
With all this and the way NIFTY is being held higher without even testing the crucial point of 3565 the whole of last week, indicate that the correction we might see will be quite heavy this week and might happen even in the earlier part of the week.
Till now we have seen intraday bears rejoicing, so also the end of the day bulls. This is likely to turn in favour of end of day bears.
Resistance levels : 3630, 3654, 3679
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