Nifty may retest 16350-16200 as Geopolitical risks weighs

Everyday is a new life, and this is the most true in the life of a trader. While markets seemed stabilization at lower lowels last week, the continued geopolitical tension along with heighetened inflation and economic worries keeps the market on tenterhooks.
I am saying this because traders often seems to forget the broader picture and get swayed by short terms movements.
For the Day Nifty is likely to open down, and he levels to watch are 16350-16200 where key Fib supports are placed.