The Reciprocal ABCD pattern formed demand zone has been respected by the market until now. See until the day's end, if this zone is broken, then you can expect a major fall.
I will attach a similar idea on the DJI futures chart here. Please look at both of them to make a decision. Don't just carry a short position beyond today's trading session.
Hi Friends! Good Morning!
> Nifty PCR Below 1. OI support @14500 & resistance @15000
> Major global index are down in Europe and US.
> In the afternoon when Europe opens we may fall with them.
> OI data reveals that sentiment is negative in our market.
> But our trendline worked as support for multiple times. It can work this time also. In that case nifty...