NIFTY is doing nothing still its showing that there is something happening. We have been discussing here that NIFTY is week for short term and we are getting Lower Lows. So far we have not seen a run away decline, but the way patterns are poised we may get that sooner then later.
Couple of things which I pointed out last time has not happenned yet, specially the break of 42,900 on NIFTY BANK is very important. We still hold our view that NIFTY BANK will break that soon. Let’s see!
