Market moved exactly the way we had discussed. As, we were telling that Black Friday is followed by Black Monday and guess what that’s what happened. If you haven’t seen the previous weekend video. Please go and check once.
NIFTY WEEKLY Chart
Worked perfectly last week. As, we booked 63k on Monday using the BLACK FRIDAY – BLACK MONDAY theory.
NIFTY had superb momentum for last 2 weeks 1200 points down in 2 weeks
It seems, market might take a pause for sometime on Weekly basis.
Options Selling could be a good idea.