NIFTY UPDATE

NIFTY have tested its resistance of 21,800 today,
So for short term the level of 21,677 is going to be a key support,
as long as 21,677 holds this move should continue on higher side.
MARKETS would deal with very critical EVENTS in next 2,days,
so the on screen price action would hold greater significance then pre-planned levels.
Looking at INDIA VIX yesterday and today our sense is the impact of both these EVENTS could be very volatile
Let’s see how MARKETS reacts during next 2 days.
above 21,800 things are BULLISH and below 21,677 they are not BULLISH.
the ultimate breakdown is placed below 21,385 which is a PRICE-TIME-EQUALITY LEVEL as we discussed yesterday.