NIFTY UPDATE

NIFTY; and NIFTY;BANK; have posted a Lower Low On a PATTERN date! Mentioned yesterday afternoon that: NIFTY is weaker then we are thinking! Just a formality to break 16,750! Once that happens, all fantasies of de-coupling should end forever!
A lower low today, have confirmed that things have finally turned! This cannot be over turned now! Now it doesn’t matter how far the pullback goes, when that actually comes!
Those who understand (HARMONIC TIME CYCLES) they understand that, what todays price action means for over all markets! Keep selling rallies, we continue to position ourself on bearish side!

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