Nifty looks weak and unlikely to hold its place!!

Prediction: Since there is Jackson Hole Event, chances are that market wont leave their position open. Hence, there are high chance that we see Nifty down tomorrow.

Further, 16715 is important resistance followed by 16680 and 16650 and market is unlikely to cross 16715 because of the said event. Hence, on every resistance it is best to short nifty. with the SL of 16715.