Nifty

30 ก.ย.

*Nifty Short View - October*

Expecting a correction in Nifty, expecting up to an 8% pullback in the October series.

*Short Entry*
*Only below 25,900*.

*Levels*
- 25,688 / 25,500
- 25,080
If this level is broken further selling pressure - *24,730*
- 24,380 / 24,000

*Stop Loss - 26300*

A sharp sell-off may drive Nifty to 24,000 before the U.S. elections, where accumulation of longs may begin.

At 24,380/24,000 levels, significant buying by market participants is expected, considering U.S. elections, quarterly results, and Diwali.

Note: This is solely my view, not a recommendation.