NIFTY UPDATE

Critical week for markets. Better to approach this week, 1 day at a time. Today is a Pattern day for NIFTY, Price equilibrium for today is 16,050-16,200 on spot!” Above higher zone trend is strong, below lower zone its week. All,though TIME doesn’t allow me to take a sell trade, below 16,050 need to be more watchful!” Expect more voletility if NIFTY stays under 16,050 in case market moves towards previous weeks low, then I will look for Long trade for short term!: On other side if NIFTY stays above 16,200 then market would easily cross previous weeks high of 16,400, above 16,410 it also would be a VIBRATION PATTERN breakout, which would signal targets of 16,600 and 16,790 on spot!: so let market make its move, then go for that!”

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