Market View 20230828

We are still at the formation of a cross over point, this will determine the next trend. I'm still bearish, because there are so many geo political issues globally.

But we have to follow the trend, until it ends.

1:34 PM

The banknifty has basically been inching upwards, testing the 44500 level, but with negative global cues, I doubt it will hold... we may continue to see sideways consolidation for some more time. Wouldn't be surprised if there is a dump towards end of day, as VIX is high.