NIFTY UPDATE

NIFTY has made the low of 16,340 on spot. As posted yesterday, 16,300 was the next near term target for this swing. Do not mix:up short term trades with medium term trades. This fall is far from over. Do not get carried away watching the screen. Wait for your levels to add more shorts. Temparary pull:backs cannot change tragictry of this market. On TIME Front, MONDAY is a critical TIME:CYCLE date, watchout for that.

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