Dow's Futures was about 20 points down since morning but slipped in last 15 minutes and is now more than 60 points down,Asian markets also following this move and Hang Sang now more than 260 points down from 120 points previous down.
As Nifty consolidated between 4825-4850 yesterday therefore trading between this range despite most depressing Global markets and it is a strong signal of strength in Indian markets today. Sustining beyond this range will be next moves confirmation therefore will be watched first today.
As Nifty consolidated between 4825-4850 yesterday therefore trading between this range despite most depressing Global markets and it is a strong signal of strength in Indian markets today. Sustining beyond this range will be next moves confirmation therefore will be watched first today.