US futures is trading more than 90 points down since today morning therefore all the Asian markets are completely depressed since opening today. Intraday charts of last 2 sessions are showing consolidations between 5500-5530 but trading below 5500 today after pressure from global sentiments.
If Nifty sustains below 5500 today then view will be bearish.
If Nifty sustains below 5500 today then view will be bearish.