'If Nifty breaches 3070 and goes below 3058 today more down movement will be there in next trading days.'
This is what we had mentioned yesterday.You can see yesterday Intra day low was 3051 and so today there was gap down opening of 140 pts. Still more pain is left.
For todays trade. Go long at 2981 with the following target T1-3011, T2-3032.
One can go short bellow 2918 for the target of T1-2899 and T2-2878.
Thursday, October 23
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