Update on Nifty Spot

In oversold corrective phase, the periodic bounce backs will keep coming back hence one needs to be in the trading mode for daily profits.  For positional profit adding shorts on rallies important or just holding onto them is necessary.  The S/L and the targets are clear.

Update on Nifty Spot

Correction time likely to be long and we are likely to see deeper correction in the coming days unless 10667 is recovered and sustained from here.