Looks like the Nifty 50 chart has got head and shoulders pattern forming but it isn't confirmed yet. The world markets being bearish could lead to the completion of the right shoulder. Nifty came down to 14900 to test the trendline and it successfully closed above it. Currently, the view is neutral, making this trendline decisive to know the further trend. Let's...
For 2-3 days the daily volumes have been lower in Cardano token and majorly in most of the crypto tokens. This may be an indication for longs going for profit booking and a right opportunity to enter the rally in case you have missed it. The sentiment is bullish, so try booking your profit and trail SL in case you try to short ( risky move). Wait for the 1.96lvl...
If Nifty 50 sustains below 15670 there is a chance that these given levels will be tested in the upcoming days. As today's expiry day, if Nifty manages to test these levels, that will be a golden jackpot. VIX is very low, options premiums are too low, after 1:30 PM , we can try 15650 PE/15700 PE if it breaks 15670 levels. With Stoploss at 15700, it's worth a try...