it is very difficult to guess the tops and bottoms in the market. but some times with proper stoploss, it is the most rewarding trades in history.
so here is the idea. nifty crossed the 50, 100 and 200 DMA. but now the weekly level camarilla pivot points R4 acting as resistance.
THE NEXT TWO WEEKS ARE CRITICAL as it will show the clear direction going ahead.
lot of world markets are started correcting. uk and germany indices are already showing the bearish signs.
there is lot of uncertainty around the vaccine and potential stop for lock downs. in this time stock market tend to go down.