Last 2 days, we had trading holidays in India. So, we couldnot participate in the global rally or "relief rally" that took place. But I am still not very much looking into the rally. It was more of a "dead cat bounce" since dow has already collapsed 20% in a very short time.
Tomorrow, even if Nifty manages to take some heart in the initial hours, a maximum possible upside is 2686, which is still a long way from the present. Lets see how the day progresses cause the trend is very much on the downside and waves are all incomplete till now. I am looking for the 2480-50 levels on the futures charts.
Tomorrow, even if Nifty manages to take some heart in the initial hours, a maximum possible upside is 2686, which is still a long way from the present. Lets see how the day progresses cause the trend is very much on the downside and waves are all incomplete till now. I am looking for the 2480-50 levels on the futures charts.
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