Short nifty for Diwali downside month
Nifty after continuously being ina parabolic sar bullish trend has given a evening star patter at around 18100 . Thereafter it has shown more bearish attitude and went low till 17600 . This confirm the bearish view is confirmed as the first bears have made a profit. Now we can expect nifty to consolidate between 17600 to 18000 and again start a downward journey till 17100 . Making a total of 1500 pts of correction from all time high .
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