From last 4 trading days we have seen mind blowing
panic in Nifty and Bank Nifty.
Our sell call in LT... Reliance.. Adani port
and so many stocks proven great.
Now what to expect???
Now we will expect dead cat bounce in Nifty
and Bank Nifty from lower levels.
6890 act as major support in Nifty and 13880
act as major support while 7050---7090 act as hurdle in Nifty future.
Today we will expect range bound trading in
Nifty.
So today try to trade in a range with strict stop and wait for
confirmation.
Today's trading range and weekly close is
important for further indications.
More levels and updates will provide soon.