NIFTY UPDATE

NIFTY is down finally, not to get over exited yet. Trading profits is a different game, but broader structure is yet to damage to the extend which puts us in a comfortable position to project deeper Targets. NIFTY BANK too has started to participate on downside but we still would like to see that breaking 42,900 which is very critical TIME wise. For NIFTY HEXAGON breakdown is placed below 18,000 which puts it back in very week position.
Until this happens overall structure for NIFTY continues to stay (sell on rise). I have been sharing the step by step process for a Larger reversal, and we are getting those conformations one after another. Still we await few things.
Once everything falls in place, markets would validate everything what I had been posting since last 2 months. Let’s see.