Many are asking Fresh View on Index & Direction of Markets..

Our View :
Now..
As per Our Earlier Msgs & Articles.. it is Mentioned that Trend is Sell on Rise.

Yesterday,
For any Reason.. #Nifty Perfectly achieved Technical Levels of 23400✅

Now also,
Trend will be Sell on Rise & Nifty will move towards 20000 - 20,300 sooner or Later even in ZigZag Pattern👍
At There, Markets will be Fairly Valued ✅

#Nifty Spot Resistance at 22250 - 22450 - 22650
Any Bounce there should be used to Lighten up the Positions..
Weekly Close above 22550 will only change the Trend👍
Downside Supports are 21400 - 21100 - 20300 - 19800 👍

#BankNifty Spot Supports at 46200 - 45600 - 44800 - 42500
(Last 2 levels in Worst Case)

Caution on Midcaps & Smallcaps continue ⚠️
20 - 40% Stock Specific correction is Expected, if Nifty move to 20k.
#MidcapNifty Support at 45500 - 44200 - 42500👍

Now, Everything will be Good as per Bhaav & Right Valuations. ⭐️
It won't be like everything will move randomly..

Exit from Wrong Stocks & Bad Quality even today and even at Losses..
Otherwise, you might get stuck there for LongTerm..⚠️

Traders POV :
🔸 Traders should avoid Trading for a week at least till 10 - 12th June untill we get Clarity.
Or Should Only Trade at Right Levels like Chameleon..👍

Investors POV :
🔹Longterm Trend intact,
Good opportunity for those who missed Rally to Enter at 8 - 10% Index correction but Stocks picking will be Key now & Markets won't be Easy like Earlier👍

🔹 Switch to Defensive Stocks & LargeCaps only.
Few years back Everyone was Hating PSUs and we were Buyer at Right Valuations & Today, everyone is Mad for PSUs at Any valuations.😅

🔹 There will be Time..Those who Hate IT stocks, will be Mad for it..👍
In today's market,
Right Valuation is only in IT Stocks.. Big Funds will soon Reallocate & switch to Defensive IT Stocks👍💯