NIFTY UPDATE

NIFTY,Broke 18,000. Which was expected! The TRIANGLE showed it yesterday,afternoon. Going forward avoid longs for now. At least until NIFTY stays below 18200 on spot! After a massive rally allow the market to cool,off. The PATTERNS are bit tricky now! Watch,out for 17800 on downside. Which is a SQUARING,PATTERN support on closing basis. The pain could extend below that!

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