Jagan My Dear,
If and When we get into a Bear market, I will give Down Side targets.
Tc
Dear Raunak bhai,
From your words I understand that only Nifty turns bearish in the monthly charts you take it as a confirmation for bearish trend or Nifty has to break the range of 5700 downside for the bearish trend for confirmation.
Most of us here are small traders.We try to follow short term charts.
We cannot even wait for the weekly charts to confirm.For us it will be a huge stop.
At the most we can trade with 15 or 30 minutes TF with Daily charts as Higher TF.
Nifty is bearish short term.
So request you to give importance to short term view also
.
I may be wrong here.Please correct me.
TIA.
Best Regards,
JK