Keep an eye on the Dollar Index

The Dollar Index and the Nifty work roughly inversely to each other....the correction in the Nifty (whenever it happens) will be observed by the Dollar index strengthening

The reason for that being as Investors flight to safer assets ...they will sell equities, crude, gold, real estate etc and move to cash (dollars)...

We definitely have some interesting times ahead...the best trending moves happen in times like this...there might be some volatility ahead but we will observe some trend soon...