Pre-Open Market Outlook(02-11-2010)
View is bearish and its reasons have already been expressed in the weekly of current week. It was also told that Market will positively respond strong RIL results and good recovery was seen because Asian markets were also strong yesterday. Indian markets closed with good gains yesterday but intraday charts of main Indices and many pivotals are showing selling patterns and confirming weakness in Indian markets from today.
As many main banking stocks showed selling patterns and same formations in many other stocks also therefore:-
Whatsoever may be credit policy but Indian markets will slip and close in Red today.
ॐ ह्रीं श्रीं लक्ष्मीभयो नमः॥
