NIFTY

Nifty today made -2 Std. deviation move towards downside. last week's last 2 trading days were having very less volumes but somehow Algos keep them going.

Geopolitical Storm: North Korea Fired missile over Japan and sent shock wave across the globe. There is nothing to read into this as they did the same in 2009 as well and many moons passed after that.

Now What Next: Tomorrow is Wednesday which is typically low volume day specially in expiry week and possibility is we might only rotate from here towards 9770-60 levels and nothing to read after that.

Those looking for some cherry picking can switch to Sep. series. Today also in last 30-mins some buying had taken place.

From above one can gauge price action after fierce down day of 21-Aug,