NIFTY short term update

NIFTY is at a critical point.
with todays Intraday low of 19,601 our projected target of 19,591 is yet to be printed.
For an extension on downside spot must break zone of 19,561-19,591.
To keep short term CYCLES bearish MARKET have to close below Friday’s low.
Watch out for that.
19,750 is a key resistance for extreme short term.
As long as spot stays under it things are BEARISH.
Above that some upside possible.

Leave a comment