>> panic is created by long liquidation not by shorting and still almost 1.3cr put are outstanding in monthly march series!! people are still hoping for recovery and it will lead to much lower level in nifty! >> next destination 10000?? or 9600??
Whats next after taking support from 50 month ema and fib 38.2 both? How much retracement you see from here? Till 11107(38.2 % retracement of current fall from 12430) or less or a next wave till 12600?
dhami2836
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@rohitpuri, ya it will retrace 11100 but it has higher chance to touch 10000 or even 9600 before retracing