Please be careful of the 3 way structure I have drawn in the Nifty chart. Firstly, Nifty MUST sustain above 19900. It tried on Friday with a high of 19862 but sold off towards the end. Even if it Crosses ATH towards 20100-200 zone, It must be able to sustain 19440-19600 on the way down. Having said this, it does not mean that the entire market will fall. There are stocks which has done their Historic wave 2 down... and no matter what, will NOT fall even if the broader market does. All the Best
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