Description
⋅ As I warned before, nifty is in SELL ON RISE market, the price keep on breaking the PDL and forming a new low on daily basis.
nifty may take support from trend line support of 16950, or else the price may further drop to 16700, 16400 levels.
There are two big events coming 1. FED meeting and 2. BUDGET.
Market will be super volatile on upcoming days, take trade carefully.