OldMonk13

Possibility of further downside.

Short
NSE:NIFTY1!   S&P CNX NIFTY INDEX FUTURES
If we consider the high and low of the last day candle in futures as a range, a break in either direction can give a sharp sting that way before turning and going the opposite way. This is just a story that played in my head. And the probability of this being on the down side seems more likely. 22350 and 22300 may be likely in this case before we see a short covering rally.
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