Nifty - Is it still Bullish ?
I agree Inverted Head and Shoulder pattern failed but short sellers are safe while left out Retail Option Buyers taken long bets are in loss now. As per wave pattern chart is still in last stage of Bullish stage. OI data indicating the same view. If someone manipulating to eat everyone else in market, then can't help. Indian Share market is going out of control these days with someone with bigger money power eating the entire market with manipulations. Our market are in Option Sellers gang control now. Retail Option Buyers better stay away other than long term Investing in Nifty 50 shares.
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