NIFTY UPDATE

NIFTY, has negated the strength which it showed earlier. Would approach this market conservatively now. More then INDIA, markets in U.S. are in extreme trouble. Which may impact us negatively! Until NIFTY regains 16,020-16,120 personally wont look for any counter move. Approach this market with thin volumes, once setup becomes clear would trade aggressively. For now things looks week.

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