Hi All,
So the turn date has arrived and its highly possible that Nifty will start going down within first 15 minutes of opening. And if that happens, the following self explanatory chart shows the most probable path of Nifty in the coming months. 5th Aug is an important date, and if Nifty continues downward journey after that, it will go down till 20th Oct for a level of 9150 approx.
We will go short right at the opening.