NIFTY UPDATE

NIFTY is sinking hard,
Last FRIDAY we were looking at 3,levels on downside,
Levels were (17,227) (17,100) and (17,035) so far we got (17,227) and (17,100) on spot,
Next level we are watching,
Very closely is (17,035) this wont be an easy level to break,
But looking at the PATTERN placement we expect the break of this level in Coming days,
Any bounce till (17,500) must be utilized to create fresh shorts.
Dont fall for news narratives,
This MARKET is not falling because of any news,
TIME CYCLES are real problems.
And when short term CYCLES are turning BEARISH markets are collapsing like anything.
The short term CYCLE dates are due next week,
So for short term there is no relief this week,
In case market does rally that would just be a trap,
Genuine support is closer to (17,000) for short term.