NIFTY UPDATE

MARKET just feeling Uncomfortable on an Important Vibration Date. But setup is still fine because very critical support zone of 15500 to 15600 is held so far. NIFTY needed a consolidation after a decent upmove. So sideways trend is necessary in very short term. But rally would resume again above a weekly Vibration Point of 15820 on cash. Then move towards 16000 is possible then. Would still say to avoid going short on Indices specially as long as 15500 is protected on downside

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