INDIA AND US MARKET UPDATE

NIFTY has given a strong bounce from the support level of 17800. But continues retesting of Supports is making things complicated for short term. A sell trade is not going to work until NIFTY breaks and sustain below 17750 on spot. Vibration setup is neutral as of now. On TIME Front today is an Critical Vibration Date so Todays High and Low would be of greater significance. A daily close beyond Todays range would set the tone for next move. And this ruld would be applicable for Global Markets as well. Lastly a word on US MARKETS. With all respect to Analyst Community around the World I feel 2 or 3% dipp from Top should not be considered as a Point of Conserne. It’s rather an opportunity. I still maintain my Targets on all 3 INDICES which I shared on 19th of July 2021.

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