Nifty trend directionNifty 50 IndexNSE:NIFTYSappanimaadanNifty 24177 is showing negative. If FII's data to be believed, they are short in cash and calls and covered puts suggest their negative view on Nifty. on basis of harmonic and fibonacci pattern we expect Nifty may drop to 22457-470 in coming days ( probably 2nd week of May ) before moving up further