NIFTY achieved my Target of 17,410 on spot Today! Since last Friday my view had been absolutely clear, that market had turned lower, and we will see NIFTY go down towards 17,410 and 17,166 in Coming days!
On tuesday afternoon I openly shared my SHORT TRADE on NIFTY! I don’t do that usually, it’s not that easy to keep holding your view, when people are ultra bullish! No one likes when you talk bearish! But I always prefer to follow my methods!
Another point I shared was to use your experience, because if you don’t use that when it needed the most then it’s use less! From here it’s easy to say, sell on rise! But I will now convert my futures positions into OPTIONS! And keep that approach to sell rallies!
Next on NIFTY is 17,166, with or without a bounce! Those who understand CYCLES knows what next after that! Those who don’t they keep buying the dipp! But at your own risk!
