On the NIFTY, I have been waiting for a daily close below its January low of 22,786 for further price expansion on the downside. Until we get that, the market will likely continue to bounce from this zone. More broadly, the sell-on-rise structure will remain intact.
“In fact, on February 15th, I shared a post with my subscribers discussing potential setups for the NIFTY and the S&P 500. I encourage you to give it a read.”
