I think Nifty travel long way from it's all time way..It's come across hope ,greed ,deception and I think thats a long way to travel...Lot of people talking abt it's bound to get some correction and now it's happening...May be it's a double top...If u ask me I don't know ....
Here ,I can put some data..one data telling me that may it take support from 9685.55..or...
For LICHSGFIN ,I drawn two scenario..for 1st scenario price need to go blw 634.40 then wait for PB and short trigger but never go direct short in this situation,may be price will see 642-644 level..
And for 2nd scenario price need to give swing close abv 663..now we will wait to see how story going to unfold...
First arrow I drawn which I shorted previously..
Long time divergence is in the price..short signal activating,it's better to short blw drawn line but expiry date is also close so go short blw that line..https://www.screencast.com/t/ojW5OAlr9Qr
Sell signal active on Aurobindo pharma...need to sell blw friday's low with closing stop abv 740 on swing close..target should be 680 or may be it turned from 691.75..for further details...https://www.screencast.com/t/4ZGY5oUz
