NIFTY, broke its resistance zone, with a break-away gap. TIME was never the problem for this market, it was always PRICE, which was not Aligning accordingly!:
Once NIFTY passed, TIME SQUARING date, things became easier for PRICE. Also the close above 16,350 gave that indication that, pending bounce may play out! On TIME front this week is a HARMONIC WEEK,
So entire week will be critical. Would again remind, this is just a Bare Market bounce
This market have still plenty to do on downside! But for now, let market rally bit more
Once this bounce ends, would again go short heavily
Domt make a mistake to call 15,700 a double bottom!
NIFTY UPDATE
Published
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