So, at last 2700 spot broke..!!
lot of analyst have been watching this level, and yes, its a major breakdown.
Yes, every rise would be shorted, and markets wont close above 2850 in a hurry.
so short every rise with a SL of 2850 on closing basis, immediate tgts being 2640-2575.
As a true bear :-) i desperately want a closing below 2640 today :-D
for intraday below 2690 we will see weakness, and support exists only arnd 2640 levels.
even if nifty shows intraday strength in comming days PLEASE DONT HOLD LONGS (till we r below 2850)
(60 min Intraday chart attached, All Future Levels)
