If I am not wrong nifty is going to make another lower low of 15200 in upcoming weeks,
continiously braking its previous low and not making its higher high its a clear cut signal that nifty is very bearish,
in upcoming weeks if nifty make new higher high and sustain above it then it will reverse,
so we can not say nifty is changing its trend and bulish untill it breaks 16900.
Trade short or buy pe if you got the chance, it will reward you big, but if you want to play with long, so please trade with a strict stop loss, otherwise it will kick you and take all of your mony..
continiously braking its previous low and not making its higher high its a clear cut signal that nifty is very bearish,
in upcoming weeks if nifty make new higher high and sustain above it then it will reverse,
so we can not say nifty is changing its trend and bulish untill it breaks 16900.
Trade short or buy pe if you got the chance, it will reward you big, but if you want to play with long, so please trade with a strict stop loss, otherwise it will kick you and take all of your mony..