Nifty may show the temporary recovery. Opportunity to short
On 22-Sep-23, daily imbalance got filled. Nifty may move upwards to fill the imbalances highlighted by pink color. This would be the time to create short positions or to book the profits.
Most probably, the price can come down in the range, 19224 to 18887, Monthly Imbalance zone. The mkt can come down to these levels in 1 month or 2.
Most probably, the price can come down in the range, 19224 to 18887, Monthly Imbalance zone. The mkt can come down to these levels in 1 month or 2.