#NIFTY50 Appriaching Importent Demand line

Since the Inflation concern & Harsh RBI policy, Indian Equity Market has react sharply lower. Technically NIfty is near very strong dement line between 15750-15850 zone.. once it hold, it can obsverve Short covering turns to pullback. Bulls will again try to gain above 16000 mark. Bears will again soar if NIfty breaks 15750.. ( Positional View )