NIFTY ALERT

NIFTY breaking support on a #Vibration day and that too on Friday doesn’t go well with an uptrend. As short term traders setup is suggesting us to go short on rallies for the next supports on downside at 15425 and 15220 on spot. Still keeping long term setup in mind short positions should be kept light. Matter of 1 to 2 weeks of correction quarterly structure still suggests 16500 in coming months. For next week 21st and 25th very important Time cycle dates.

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