Nothng new here, the breakdown continues. market should have open flat , however with the RBI's hike in intrest rates, i dunno where it can open, or go.
will however post some technical levels here.
if nifty holds 4100-4080, it can give a bounce till 4198 today.
if 4080 is broken... 4018 cann be the bottom.
it will be very difficult to trade as cant be longed, coz we dunno where its gonna stop, cant be shorted, coz it cud prove fatal shorting at such lower levels.
i will update the rest of the levels by looking at live markets in the chat room.
Disclosure - the levels mentioned today, might not hold any relevence for the trading day, so avoid trading by these levels. and confirm in the chatroom for any trade.
