NIFTY FUT overviews
NIFTY started falling from 11200 levels and currently trading at 10086, corrected almost 1024 pts making highs and lows and trying to form HNS pattern which is bearish signal.
Reasons for the fall
- PNB scams
- Poor Budget
- Trade war
- Fed interest rate hike
- Weak Rupee,
- Etc...
Upcoming views
Recently FED hike interest rate to 0.25 Pts, which is bad for companies and MNC pulling out money which leads to fall in all market worldwide ..
We have predicted market based on TECHNICALS, NIFTY fut breaking below 10060 leads to formation of HNS pattern and leads to make big fall . Please stay cautious and stay updated with our views
- Note : Views are subjected to change based on economics