MARKET UPDATE

MARKETS
are reacting to RBI, POLICY Today
Todays price action is not that important
So whatever happens today wont make any Impact to overall Bearish structure of INDIAN MARKETS, Expect more voletility going forward
Yes NIFTY will break MARCH low of 15671 this time
But that wont happen overnight
Wait for short covering rallies and then add shorts
NIFTY should break, 15,671 before 1st,July
Let’s see
A daily close below 16,370 would make things more bearish for short term

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