Nifty is weak right now due to the extreme selling pressure from the FIIs and also due to the geopolitical concerns plus being the F&O expiry weak expect madness without a doubt.
Currently NIFTY has formed a bearish flag on the daily chart so the market is expected to fall down a bit further till 9878 after that if it breaches the level then it might fall down to the level of 9688.
Currently its a SELL ON RALLIES market, so enjoy SHORTING. Cheers!
Currently NIFTY has formed a bearish flag on the daily chart so the market is expected to fall down a bit further till 9878 after that if it breaches the level then it might fall down to the level of 9688.
Currently its a SELL ON RALLIES market, so enjoy SHORTING. Cheers!
Comment:
Well, that didnt take too long.. Reached the first target in 20 minutes and now NIFTY rebounding at the mentioned level. Can book profits now.
Comment:
Also keep an eye on this level it manages to close below the 9878 level then it might retouch 9688 level. #THEBIGSHORT moment. Cheers!
