Nifty Technical Commentary Bias Directed Paths

- Nifty is currently trading at 25,003
- Nifty has shown great strength after looking at how world Indices have been performing
- Nifty has now started a small consolidation and we have a void above where the price has a runaway gap while falling this should soon be filled
- Drawn path post the fill signifies we can move towards the ATH and
1) Deviate above the ATH and then fall hard after trapping many late longs
2) We might get rejected after filling the void and drop further
- The bullish scenario doesn't originate as long as we don't flip 25,131 on a weekly TF
- Manage risk and focus on more swinging stocks