Nifty 50 is going to fall. That's for sure. I don't see any support in the recent future. An RSI negative Divergence was at play before the fall. Now a dead Crossover has happened confirming further fall. Enjoy the Bearish Winter.
The idea is for educational purpose only. For any Loss, the author is not responsible.
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The market is struggling because of High net FII Sales vis-a-vis DII Net sales which is exactly opposite to what it was last year during this time. High Net sales by FII have picked up from March 2021 but it was DII enthusiasm that was pushing the Market that had dried down.