Verdict: Bearish
Plan of action: As its expiry it might be sideways. so play based on levels.
NIFTY was quite Bearish yesterday as we discussed the levels and trendlines respected quite well. A trendline is broken to downside and selling presure was more to downside, by looking of the trend yesterday nify seems bearish for this week.
Reason:
Verdict: Bearish
Plan of action: As its expiry it might be sideways. so play based on levels.
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