Global storm and resultant 13 months EOD charts structure broken down confirmation. Nothing is left for Bulls therefore trading policies should be according to Bear markets and always remember that:-
"Buying in Bear markets are like catching falling knief,resultant our hand is full of our own Blood"
Global economy is breaking down. Disaster,calamity and catastrophe words are made for the situations like today therefore will be better to wait for things settling down and then be Bullish. Always remember that 13 months structure has been broken down and any rally will start only after complete consolidations. As more than 500 Nifty points fall in short period therefore only Bounce back or Pull Back rally may be seen from any point but will fuse after some rise also.
As we are in Bear markets therefore we should trade with Bear markets policies.Both Bullish and Bearish phases are part of all financial markets therefore we should be versed of it and trade accordingly. Voltality remains high in Bear markets therefore never try to understand that rally has been started because that will be seen only after complete consolidations.
All the Asian markets are in deep Red therefore big gap down opening in Indian markets will be seen. Let down fall stopping confirmation come then Pull Back rally will be considered.