Sniper-Traders

Nifty : Neutral with a bit bearish view

Long
NSE:NIFTY   Nifty 50 Index
Expecting a crash to the low of the channel in NIFTY. If this happens then a rebound can be expected around 15,000 levels. This is not a high probability outcome, considering the current sentiments of the market. But this is truly a possibility since the market is overpriced and this will give a fair valuation to a lot of overpriced stocks ( at the moment ).

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