Indice NIFTY 50Short
A big Nifty Crash looks imminent !!!
The weekly chart structure of Nifty is dangerous. This is a sign of clear weakness.
Last week's candle is a pure bearish candle that has rejected the Yearly Pivot for 2025.
This means one thing - We are in all likelihood headed for a big crash!
The next logical support is around 21,100 level which I feel could also be taken out eventually and then we could see 18,550 zones.
This entire crash could play out within the next 2 - 3 months and hence, taking March or April PEs which are in the strike price of around 21,000 would be a good choice for option buyers.
Last week's candle is a pure bearish candle that has rejected the Yearly Pivot for 2025.
This means one thing - We are in all likelihood headed for a big crash!
The next logical support is around 21,100 level which I feel could also be taken out eventually and then we could see 18,550 zones.
This entire crash could play out within the next 2 - 3 months and hence, taking March or April PEs which are in the strike price of around 21,000 would be a good choice for option buyers.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.