NIFTY UPDATE

Good Part about yesterdays session was we protected 15600 on NIFTY SPOT. Going ahead this level of 15600 remains a key support for near term followed by 15500. Specially it’s important that we hold this level on important Time Cycle Day which is today,and a Pivotal next week on Time Front. Would avoid shorts for now atleast till 15500 is protected. Above 15820 journey towards 16000 would be sharp. Expect good correction if 15500 breaks on downside. Monthly and Quarterly Trend remains very strong for all Indices in INDIA And across the world.

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