Nifty Still in Bearish Mode

NSE:NIFTY   Nifty 50 Index
There are two resistance or Supply Zone which will work as a hurdle. Two possibilities arises in first nifty hits 15780 level and falls and in second if nifty breaches that level will be tested at upper levels of 16150. in both cases I personally would like to make Bear Call Spread to minimizes loss and count gain in that fall. But be cautious and look for PRICE ACTION first then make position accrding to that.


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