Nifty next support and a good one too, lies at 24480---24540 range
If gone, then below 24350----- 24000-----23200
At present 24350 seems most likely as short term support. And I will contra my shorts keeping that level in mind.
The levels below will be seen soon. Going long in anticipation seems risky. All fundamentally favourable news and aspects are already factored in, by market. And markets are most likely costly at these levels.
Every day i see ppl giving investment ideas for stocks. That's most scary thing, when each day you get stock advices from ppl around you. It's time to play shorts.
My targets are a bit deep, but i trade with trails. Once trail gone, I will shift to new happening in chart. So trade wise.
For the time being
Enjoy shorting 😀