where is the Trap hiding?As per My last post, Nifty didn't retest 23,700 to 23,650 phase. Nifty is above 24,200 still no strong candles are forming. As per my view Nifty is trapping retailers. You can see it is just roaming around 23,800 to 24,200. If Retailers are in Call side, it went on Put side. If Retailers showing strength on Put side then it will go to a bull run. This is only happening from 15th June to till now. My view for Nifty in upcoming week is, Nifty should retest 23,650 otherwise India Vix should come to below 10. Then only I hope Nifty's uptrend has started. Let's wait and see.
