Only Nifty is Long if it closing above 16624 daily Charts. Only short Nifty if it closing above 15672 daily Charts. Other wise Let it dance between these 2 Levels. Nifty already tested 16400 4 times & if it keep on getting rejection from these level then it may start losing strength . Dow Jones already 20% less ( Means Bearish Trend ) from itrs recent High....