Dow's Futures is 90 points down and most Asian markets are also .50% to 1.00% down therefore sentiment turned weaker and Indian markets are also in Red since opening today. As some profit booking was expected therefore it was seen also immediately after opening today but supports will develop and until Nifty will not sustain below 5323 till then any down move will not be considered.
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Post-open Outlook(31-10-2011)
Dow's Futures is 90 points down and most Asian markets are also .50% to 1.00% down therefore sentiment turned weaker and Indian markets are also in Red since opening today. As some profit booking was expected therefore it was seen also immediately after opening today but supports will develop and until Nifty will not sustain below 5323 till then any down move will not be considered.