Nifty is clearly showing 5 wave on downside !! And this looks like a point of reversal to 10700 and then start of wave 3 on downside !!
Nifty remains short on daily chart !!
This view remains only till state election result which will be declared on tuesday.
Markets are showing reactions to Exit Poll which are not in favour of current ruling government but our view is only rajasthan state will vote against the current government.
Warning : This is just a view and Kindly do not trade by buying in option rather sell the options on both sides!
Bias : Nifty remains short on rise !!
Nifty remains short on daily chart !!
This view remains only till state election result which will be declared on tuesday.
Markets are showing reactions to Exit Poll which are not in favour of current ruling government but our view is only rajasthan state will vote against the current government.
Warning : This is just a view and Kindly do not trade by buying in option rather sell the options on both sides!
Bias : Nifty remains short on rise !!
Comment:
Recent Update : RBI Governor resigns ! Markets will open gap down !! Wait for shorting opportunity !!
