NIFTY UPDATE

NIFTY, towards 17,850 this level came on table on 5th,august
Which was a (TIME SQUARING DATE)
Going forward to turn things bearish for short term, NIFTY have to close below todays low, whatever is made during the day
Because today is a (VIBRATION DATE)
Since last 5 vibration date NIFTY have not closed below the low of VIBRATION DATE
so need to keep a close watch on that
I have been waiting for last 3,weeks to pull the trigger on short side
Specifically on BANKING stocks
But they have been moving up
The moment I see them turning, wont hesitate to press sell buttons
One after another
Would wait until I get that signal
I avoid half,hearted trades
Till then would keep my focus only on INDEX
For NIFTY major PRICE CYCLE support is at 17,550, Any reversal probability opens up only below 17,550 on spot
Until this holds, we can’t challenge Traders, who have stated that, market would only pause when it reaches MOON
Let’s se
This is a major week