I hope it does, though it has been deceiving regularly and analysts have had the stops hit. i had been trading in stocks in cash but came into derivatives, I am short from 10372, and was hoping that similar budget day fall will be imminent as Nifty rally was strong and that was ahead of trendline. But have lost some funds to this. Hope now the Wave C starts.
Amit4khare
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@vishyrana, nifty spot 10760 short working well....
vishyrana
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@Amit4khare, the day end and week ending will decide if the market retrace has begun.