March 2026 is giving March 2020 vibes. Already Nifty 2000 points down from ATH, full uncertainity, world is suffering, no end is looking in short term. So can March 2020 be repeated, not to that extent, but still a huge fall.
With no positive news, everything going against, it looks possible. Anyone with deep OTM puts? Nifty 30 march 21000PE or 20000PE is still relatively cheap, anyone going for YOLO or hero zero there?
You mean NIFTY at 8k? Would be a good opportunity to buy 
For that kind of flash crash, an appropriately bad global event is required. In 2020, the watershed moment was when WHO declared a pandemic. 
India has crude reserves for the next few weeks, so things would be fine if alternative sellers and routes can be made available by then. 
not 8k but 20-25% fall
25300 needs to break for it to go down further.
Is there really no way to go lower than 25300 without breaking 25300 
Absolutely not. It MUST break 25300š
We are already below that. Arenāt we? You mean 24300. 
My bad. 
Yes 24300 
, which you called short term support.
Me? I have no support no resistance. Only random.
Donāt you think to go to 30k, we have to break 25k, then 26k, 27k, 28k and then 29k. Only if this order is followed we may get there. I should have thought about this before giving my target. 
What you called āshort term bottomā, we call āsupportāā¦ just different languageā¦same concept.
yes , actualy i also meant short term bottom as support 
Dunno if its Jane move or Mutual fund move or trump move or something else.
But afternoon bounce, on many days but esp on a down day is getting quite common. So probably will bounce.
Today isnāt expiry, dunno if we have a link with expiry day - ie is it more likely to bounce on expiry ?
Yes. Today probability is less, but there is a weekend risk.
