Although all the Asian markets turned positive after flat opening and sentiment improved but Indian markets slips from day's higher levels and trading in Red because correction is on.
Confirmation levels have already been expressed in 2 previous outlooks therefore final conclusions will be drawn according to that. Nifty is trading at 5859 and today low is at 5855.40. Sustaining below 5855 will mean certain deeper correction.
Confirmation levels have already been expressed in 2 previous outlooks therefore final conclusions will be drawn according to that. Nifty is trading at 5859 and today low is at 5855.40. Sustaining below 5855 will mean certain deeper correction.