NIFTY UPDATE

NIFTY would indicate early collaps if it goes below 18,920 on spot.
Ideally it should hold till friday but In case 18,920 is broken today or tomorrow then that would straight away open up Targets of 18,710 and 18,490 immediately ahead.
We have been expecting NIFTY to make a hard turn lower anytime after 3rd,NOVEMBER,
but if breakdown is happening before that,
we would have to chase that.
FRIDAY still would be a very significant CYCLE DATE for near term.
Let’s see what markets does in next 48 hours.

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