NIFTY UPDATE

NIFTY is doing what we have been anticipating from past few days. Yesterday in afternoon patterns were very clear that we would see further expansion of PRICES on downside. Finally we got that. Going forward 18,000 remains a key level.
My short term objectives were 18,096 and 17,850 on spot. We got 18,096 next is 17,850. But once we break 18,000 that would trigger a HEXAGON PATTERN breakdown. Which would make things more week,For medium term. Below 18,000 HEXAGON targets would be 17,578. That would take TIME. NIFTY BANK also have broken key support of 42,900 now TIME VIBRATIONS have gone more stronger.
So structure is very clear now. All rallies upto yesterdays high would fizzle out. Infact that would be an opportunity to add shorts!