Global markets tumbled today. Dow's Futures is more than 165 points down and all the Europen markets are also more than 2% down therefore sentiment dampened again and Nifty tested last support range(4745-4800) of 61 sessions trading range. It is the most crucial support range and Nifty reversed from this range 4 times earlier as well as slipping below 4745 will mean crashing like situations.
Nifty tested 5th time last support range(4745-4800) of 61 sessions today and sustaining beyond this range should be watched in the coming sessions. Global cues are highly uncertain and markets are extremely volatile therefore sustaining beyond of crucial ranges will be next moves confirmation only should be firstly watched 4745-4800.
Nifty tested 5th time last support range(4745-4800) of 61 sessions today and sustaining beyond this range should be watched in the coming sessions. Global cues are highly uncertain and markets are extremely volatile therefore sustaining beyond of crucial ranges will be next moves confirmation only should be firstly watched 4745-4800.