fortuneteller
Short

Nifty Heavy Sell Off Coming?

NSE:NIFTY   Index of the 50 listed India companies
There is a possibility of sudden 700 points sell off in nifty             , i can see some short patterns in nifty             and bank nifty             charts, there is also heavy PUT buying going on, VIX             is ticking up, global markets are also suggesting a sell off, and INR             is also not getting strong..
Sir at what level can this view get invalidated.... and if we take short what is the Stoploss we should have...Also if any time frame for target plz?
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fortuneteller uttamtrader15
Time frame would be Sep 10, i don't use stop losses, i hold until i see charts changing, still i don't think it should go above 8750.
Reply
Dear fortuneteller, In my opinion reaching 7800 may take time..currently market is like cat on wall..can jump anyside
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