Nifty Future - More Downside - Anil Desai

There was a general view that markets would give a sharp upturn from June 23, so it would be a good idea to buy Nifty future, but I urge you all again to refer to my post of June 22, which showed all possible levels that NF could reach. In my opinion the markets are still weak so do not get trapped. Wait till indicators confirm the reversal. Day trading in such a condition could bring disaster.If you look at the above EOD chart of Nifty future, it appears heading for 3980 for sure.

Posting different charts from a variety of software and indicators is just to confirm wether they all telling the same story or not. I hope you are all convinced now.