Nifty update

Keep an eye on the 12th May also . there is a chance that we could get a short term Low around the 9th May then move up till the 12th May for counter trend Top reaction then down to the 18th for Low . If the market does run up into the 12th and sets up for counter trend Top that could present a good opportunity to go short into the 18th May but it would be wise to wait for this date to roll around and a day or so before you should be in a clearer position to determine that scenario - alternatively if you already in a position and the market moves up into the 12th it would be wise to take some profits and keep safe by exiting around this point as long as the Nifty follows that pattern and then you can wait a few days for the Main date 18th May to roll around