NIFTY UPDATE

NIFTY had a very critical CYCLE date on FRIDAY.

As explained earlier,
the intraday LOW of FRIDAY is going to be very Important going forward.
if INDEX sustains below 21,629 then that would signal a near term trend shift to downside.
but only when it sustains below that level else not.

on PRICE front last week we discussed multiple PATTERN supports ranging from 21,300-21,450 all those supports are still intact.
so the technical setups from both PRICE&TIME fronts after a long TIME is absolutely clear.

Hens this rally still can continue,
but only as long as supports are held.

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