It will be decided within next 2 days that How much 2G Spectrum scam will lay impact on PM. SC will give his views tomorrow on PM Affidavit which was filed last Saturday. If any serious comment on PMO comes out then that may lead to PM resignation and only in that situation sharp declines will be seen in Indian markets otherwise Indian markets will move on its own technicals and no impact will be seen. Huge voltality possibility can not be denied in politically uncertain atmosphere.
Positive opening today because US futures trading 50 points up since morning today and scam impact on PM lessened today. Market positive today and:-
1- Correction completion level is sustaining above 6015
2- Correction continuation and more deeper down confirmation level is sustaining below 5932.
ॐ ह्रीं श्रीं लक्ष्मीभयो नमः॥
