Till we see a close above 3729( A VERY IMP LEVEL FOR ANY TREND REVERSAL),
nifty will always be in a danger to fall more and more.
in my chart, if u notice a black line, thts the last hope for markets which crosses around 3515 fut levels.
hopefully this will hold, else 3400 can come very easily.
for intraday, breaking 3515, we may see 3474-3426 levels.
crossing above 3654, nifty may hit 3729 levels.
still taking a positional view will be very difficult on the markets as all SL will be very far off.
So try and trade intraday, and avoid carrying any positions
(60min intraday chart attached,all fut levels)
