Hello Friends,
I think we have just completed a bull run. As discussed in my last idea, that 18325 is going to be a very crucial zone... market has rejoiced this levels and once it has crossed its never came to back to that level. now I am taking a call on down side, but not have any position since it is in a great bull run. I dont believe in taking a trade in anticipation. Tomorrow is the first expiry and first day of the Dec month. I think we will see some scratches tomorrow since RSI has also crossed the 73 mark. However Weekly and Monthly are still healthy.
I am taking a bearish view but not the trades.
Thanks!!!
I think we have just completed a bull run. As discussed in my last idea, that 18325 is going to be a very crucial zone... market has rejoiced this levels and once it has crossed its never came to back to that level. now I am taking a call on down side, but not have any position since it is in a great bull run. I dont believe in taking a trade in anticipation. Tomorrow is the first expiry and first day of the Dec month. I think we will see some scratches tomorrow since RSI has also crossed the 73 mark. However Weekly and Monthly are still healthy.
I am taking a bearish view but not the trades.
Thanks!!!