In an interview to CNBC-TV18, technical analyst, Sudarshan Sukhani, s2analytics.com said Nfity is ready for a deep corrections, if it continues to trade below its support level of 5,850 . It would be a short trade.
Technical analyst Sudarshan Sukhani of s2analytics.com expects the Nifty to breakout either on the upside or downside going ahead.