NIFTY UPDATE

NIFTY breaks the solid support of 19,200,
So as expected PRICES are headed towards HEXAGON TARGET of 18,972,
Any recovery attempt is likely to fail closer to 19,400 on spot.
There is selling across the board since MONDAY.
MIDCAPS and SMALLCAPS have seen absolute carnage.
This is more severe then what it really looks like.
Still INDIA VIX requires a closer attention,
a higher high above 13.40 would help NIFTY to overlap the level of 18,887,
Volatile times ahead,
Let’s enjoy.

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