As mentioned in my video analysis after breaking the Rising Channel Nifty started declining. Nifty also broke the Support at 8370 and closed below it. As mentioned below 8370 the Short Term Trend has changed to Down.
Currently we need to watch price action near 8230 and 8430 carefully to determine future course of action. Those who still haven't made any Investments and looking for the Dip; this Correction would be the Best Opportunity. Investors need to find Stock Specific Opportunities over next 1-2 weeks to make Investment in Equities.
Thanks & Regards,