NIFTY Opened gap down below 9040. Then slipped below 9000.1. Today's fall was on bad global news.
2. I do not think that this is just one day fall. This is likely to continue tomorrow.
3. If it closes below 8821, then the possibility of lower low in place.
I am not holding any positions tonight.
I was holding sold Calls at 9400 and 9300. I covered those today.
My weekly view is still in place , key level to observe now is 8821.
And overall, 9400 Level, which was highlighted in Monthly Review still holding as intermediate top
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.