NIFTY UPDATE

Those who got carried away with the pull back of last 2 days are hammered by Markets Today. The Time Factor is and wasn’t supporting or favouring an upside. Even on price front clear opportunities were not there, because we need to enter at exact cycle point which were not giving entry because of Gap up. Still we would had bought yesterday above 15225 during the day. But dint got that chance as well. Finally got a short trade today below 14800 in morning. Those who understand the simple vibration pattern would be aware of these levels. We are back to the point where we started this week. Earlier also I mentioned about a possible top in place which is partly conformed. Stay careful with long trades in this market. NIFTY still remains sell on rise. 14460 and 14261 next Targets.

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