All the Nifty, Midcap, Smallcap charts that I have shared today suggest that there's just 1-2 days more of pain left. Endure it, don't throw away your stocks in panic. The feeling of regret later is not good when the markets start rising!!

As #Nifty goes higher a 1% move either side will look bigger and bigger. At 30K (whenever it comes), it will be a 300 point move in just 1%. So, no need to get scared or excited. As the denominator rises, the 1% will look bigger in absolute terms!!

#Silver $26.38 --> $27.91

Sell in May & Go away!! is an old saying. Do not worry this month always gets over in 31 days 😉

#Silver $27.81
It's attempting a breakout but RSI is lagging a bit. If it has to sustain this breakout then the RSI has to quickly rise and make a higher high. Else we get a right shoulder. Mind you it's a (iii) of 3 so it has it's tail on fire

#Nifty 21957
Borrowing the ending diagonal idea from ST
21750 or 21550. Which level do you like?

A bounce coming tomorrow what do you think??

#IDFCFIRSTBANK 75.85
#Analysis