Although markets can fall further, and can be irrational, we are at a place where Nifty has filled up the 2nd gap.
Whether it falls or rise only time will tell us, but based on the underlying conditions I would not prefer to short at current levels. (This does not mean I would buy Call Options).
Trading strategies should factor in - the Risk::Reward ratio, - it's probability and - your comfort level with whatever is the outcome
Important levels on the upside 17430 / 17520 Important levels on the downside 17251 /17222 / 17180 / 17111
Take care & safe trading...!!! Like and Follow To trade with me Direct Message
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