NIFTY - BULLS "Om Namah Shell Aya"

Nifty bulls failed on a day when green shoots during Europe session. The close on the negative baffled many but not the bears. Will it be a day when we finally cave in to the mighty 200 DMA and head towards 16400 selling the debate on near term cap 17000 instead of floor. All signs are towards that. The excessive valuation of equity as an asset class is in for a rude shock. They are now in corrective mode. Ukraine is only a facilitator of this. Many Negatives await One More huge gap down hence trading would be extremely tough with measurable Risk. Remain a seller. Dont try to catch falling knife. Stay Safe.