Monthly levels are changed in this month....
Based on analysis....Monthly levels are suggesting..... no positional short in Nifty ...which has started in November 2020...... extra ordinary situation / trend...... 11th Month continuous uptrend setup...
Let us not underestimate the price action..... no point in searching the reason for this 11 month continuous uptrend.... our job is to identify the patterns / setups and trade...
(Intermediate put / call reversal is different from "Positional Trend")...
But, this 11 month pattern has given so many opportunities.... if you have proper knowledge, definitely you can make money..... i feel... current situation of Index moves are good opportunities.... either down or up....
Cheer up....
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