Hello,
mkt closed at a dangerous level. but bears don't start showing your claws right now. guess what!!! expecting mkt to rebound next week. VIX has fallen off the cliff. it might be a precursor of likely reversal. nifty tgt 2760-2850-2915. RIL tgt 1250-1340. any move above 2760 will bring huge short covering. expecting mkt to fall to 2550 level next expiry.
mkt closed at a dangerous level. but bears don't start showing your claws right now. guess what!!! expecting mkt to rebound next week. VIX has fallen off the cliff. it might be a precursor of likely reversal. nifty tgt 2760-2850-2915. RIL tgt 1250-1340. any move above 2760 will bring huge short covering. expecting mkt to fall to 2550 level next expiry.
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