Medium Term trend is now down - something which I was expecting from 19th onwards, started from 20th and is now confirmed.
When will it end? 2nd January 2018, and new year will bring a fresh new up-trend!
MT traders can remain short till then with stop-loss at 20th Dec high.
Yesterday, I said, first 5 minutes will decide the trend for the whole day. And Nifty was at its lowest point just before closing!
This short term downtrend will end somewhere in the second half, so hold patiently. This is a bit slow with too much of , keeping TAs confused.