While Nifty has already given sell signal on Wednesday, BN had gone into sell mode at the end of the day.
There is still more down side for nifty as BN starts its slide. The slide in BN was delayed due to weekly expiry as the longs were trapped and shorts below 27000 were not allowed to take easy money.
It is a tricky game, but had you known the move earlier like what we did, you would have avoided the loss.
Today's down side has already been well predicted by us , and our members are already holding PEs and waiting for best price to sell off.
Nifty support at 10520/35 Bank Nifty support at 26630.
Our trade is complete today when we exit in the morning gap down and we are now waiting for reversal.
Happy Trading!!
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