Rally exhausted and price still at resistance. Doesn't look great.
Short this.
Very illiquid and would be a huge slippage if trying.
If I was a brave man I would take this.
Hoping the curve flattens like this.
Just trying to extrapolate the graph extremely noobly to see what's up. A straight line from recent data is taken. The actual data is rising faster than this. The projected numbers against month April, may, june are marked.
Trend reversals don't come early. Expecting this.
S&P has shown weakness. Nifty 2 year trendline is hanging by a thread. A correction to these support zones is possible if the index breaks down.
