Nifty broke weekly low - retracement on 17700. Todays volume were higher than previous couple of days. Vix was high quite high but then only closed 2% up signifying - fall will be slow. RSI gave indications when markets topped at 18400 levels. Market is missing strength.
ATH may have to wait - 18.6k levels but 1st retracement till 17700 odd levels.
Will strictly follow my levels and take trade.
Keep a strict SL of 30 points.
Also this recommendation/presentation and all future ones are & will be only for learning purpose.
Please consult your financial advisor before investing. Thank you.