NIFTY UPDATE

NIFTY is respecting its Price Pattern support of 16,400 on spot. Let’s see when this level breaks! Price and Time would coordinate on downside only below 16,400. Just a matter of time price should break. But until it actually breaks we are hedged for impulsive moves. NIFTY still have to close yesterdays Gap so do watch out interesting next week coming up. Play safe.

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