Sorry for very delayed posting. Actually was doing a lotz of travelling now a dayz n secondly doing a lotz of trade in stocks. So these 2 lotz of things kept me away from posting blogs.
So will start my new sessions with nifty and stocks as well, will try to experiment some new things this time so please bear with me.
Okzzz about todays expiry its a lotz of fun like every time. Volatility is seen as market moved like a pendulum this time. Interestingly Nifty giving a perfect Head and Shoulder target of 261.8% retracement. Obviously fibs lvls were worth watching as on closing it gave reverse retracement lvls approx to 100% lvls(see high of candles).
Now about Nifty my views are same as they were before going above 4500-4700 is very unlikely. I see current rally as consolidation and nothing much to predict. I see it as failed double top on EOD charts, so guess what would be the target will be :)
Hope you loved reading this small post.
Happy Trading.
