Highest volume since May 19th
Huge fall since June 7th
Widest Range since Oct 15th
We see what happened then....
In May, price consolidated before falling down 2.3%. (Retraced later by expiry)
In June, it fell and bounced back and gone high (no looking back)
In Oct... (Data are very similar)
Oct was pretty volatile and swung wide. It happened (wide swing) just before the weekend, same as today. It swung but couldn't hold high... Fell down below 6000 and swung back to 6100. Again couldn't hold fell down and closed below 6000 by expiry.
There are talk that market would go down in late Nov to Dec. Anticipations are more down than up. I doubt nifty could go beyond 6200.
If nifty behaves same as Oct, we can bring Oct EOD chart and trade...