Due to election Nifty was continuously running up for past 1 and half month. But the past five days it is showing a down trend and the down trend line is respected as well. So we see in the coming 15 days the market to move down until election results.
This downtrend of past 5 days are very sharp. Every down trend is almost a gap down opening. Now nifty is at its support level 6670 and if that's broken on Friday we see and continuous down trend in the coming 2 weeks.
So book you profits , if any stocks are not performing well its time to hit stop losses and wait for the next uptrend wave.
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