As said in the previous analysis, that nifty and banknifty is looking week. Since one month I have been saying that to not to look for calls and look to short market on every rise and fall will still continue. It was just the gapup yesterday but analysis was still intact to look for 16900. Now don't buy any calls, and stop looking at dow jones. Our chart is totally different. Again a reminder that fall will continue.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.