EDUCATIONAL PURPOSE ONLY .DONT TRADE BASED UPON THIS .
Nifty at a turning point that will decide it direction for next few months .in my opinion it is far greater bearish than bullish .if NIFTY crosses 10292 means it is bullish else we are gonna see NIFTY making new low soon.
case 1 : 95% probable this is where I would be like to put my money .
short nifty at current levels Nifty is not gonna see current level for next 3-4 comings months . high volatility days are coming back with fear ruling the market
STOP LOSS: 10292
case 2: 5% probability , nifty move upwards and crosses 10292 . EXIT shorts immediately and turn bullish , Nifty is going to touch 11369 soon.
Nifty at a turning point that will decide it direction for next few months .in my opinion it is far greater bearish than bullish .if NIFTY crosses 10292 means it is bullish else we are gonna see NIFTY making new low soon.
case 1 : 95% probable this is where I would be like to put my money .
short nifty at current levels Nifty is not gonna see current level for next 3-4 comings months . high volatility days are coming back with fear ruling the market
STOP LOSS: 10292
case 2: 5% probability , nifty move upwards and crosses 10292 . EXIT shorts immediately and turn bullish , Nifty is going to touch 11369 soon.