NIFTY UPDATE

NIFTY; preferred sinario Is still a bounce before a down turn! But what if, bounce does not comes? Then cut-off point is 16,747 on spot! The larger trade is still to short but on rallies, risk-reward not favourable here!
It would be appropriate if market turns lower, after 19th,october, but market would do what they want to do! Let’s see, volatile times ahead! Tomorrow would be intresting!

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