Nifty – Normally a selloff like this creates a “catching a falling knife syndrome”. The only thing it points at is that the markets are VERY jittery . However a pullback is expected any time. This forthcoming pullback , in all probability will be sold into as shown above.
My previous counts , where i have been giving wave IV way down seem to be coming correct till now.
NIFTY Opening On 27th Oct 2023