NIFTY - Market Structure Analysis November 2021 11/05/2021
Hello Traders,
Its really important to have a view based on market structure. I am presenting my view for the period of November 2021. As we near the year end expiry, consider considerable amount of short buildup to happen. Assuming markets will correct another 10 to 15 percent after taking a pause or slightly going up for few days. Recommend you to be cautious with your long positions or holdings. Its a good time of the year when you can book some profits from your investments too and let remaining ride into next year.
Do share and comment your views/ questions/ opinions. I will be happy to converse with you.
Its really important to have a view based on market structure. I am presenting my view for the period of November 2021. As we near the year end expiry, consider considerable amount of short buildup to happen. Assuming markets will correct another 10 to 15 percent after taking a pause or slightly going up for few days. Recommend you to be cautious with your long positions or holdings. Its a good time of the year when you can book some profits from your investments too and let remaining ride into next year.
Do share and comment your views/ questions/ opinions. I will be happy to converse with you.