NIFTY UPDATE

NIFTY is again knocking that resistance zone.
During past 4 weeks this has been an easy trade to pick.
Once again we would look to repeat that process.
The market still lacks a ferm momentum.
TIME wise we are ending the cluster of CYCLES Tomorrow. What these CYCLES have done is,
they have provided us a clear low at (19,233) Going forward that low has to go for a TIME breakdown.
Frankly we were expecting it to break with a gapdown but so far that has not happened.
Lets se,
There are no changes in PRICE setups yet.
that is still indicating to sell rallies near 19600 for targets of 19233.
This time it wont stop at 19140 below 19200 something major could unfold,
Watch out.

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