It might, but the reason I said what I said is that it will not last long. If you're trading the market and can endure a possible ST move against you, then jump in. (Not that I'm trying to tell you what to do.)
Yes, the TL and S is around 4880 area.
Now for the actual south move to happen, we need a TL break, and then maybe a correction.
We do not want Nifty to bounce around the support
Now for the actual south move to happen, we need a TL break, and then maybe a correction.
We do not want Nifty to bounce around the support