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S&P CNX NIFTY INDEX FUTURES
Short

Falling down ... Falling down!!

By OldMonk13
Nifty spot and FUT, both settled at crucial levels marked in our previous analysis. This is the level that has to be protected for Nifty to stay "NOT BEARISH" at least. Now with an even in sight, I am not sure how it will behave. My previous narrative was that Nifty would stay at ATH levels and with the election result, would fall. But now it seems like there is a different narrative playing out. In the opposite scenario, Nifty should visit 21750 levels and consolidate there, to rally on "surprisingly" (Sarcasm intended) good results for BJP with a stable Govt.
Chart PatternsniftylevelsniftyoptionsniftyoutlookniftypredictionniftytomorrowniftytradesetupniftytrendTrend AnalysisWave Analysis
OldMonk13

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