NIFTY weakness persisting. Exactly as anticipated by SMT.

Since the closing of markets on Nov 28th I have been anticipating weakness in the bull run and via the daily blog posts on Nov 29th and Nov 30th I warned about expected downside. The first 2 days of Dec witnessed strong bearish moves in NIFTY. The smart money indicator nicely spotted the anomaly in price action by forming a clearly visible divergence.

We don't have any bullish divergence yet neither any anomaly is spotted between NIFTY movement and SMT. Hence the bearish bias is still maintained.

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