NIFTY UPDATE

NIFTY got that decisive move post RBI POLICY as we discussed in MORNING.

On expected lines INDEX stayed under the zone of 22,090-22,120 and have drifted lower towards its major support of 21,600 on downside.

Once 21,600 breaks we would get SQ,9,breakdown which would have target of 21,150 in next few days.

Since today was a key date a daily close below todays intraday LOW would turn TIME completely BEARISH.

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