As Dow Futures is more than 90 points down today therefore sentiment is weak and all the Asian markets are .75% to 1.50% down. Indian markets also responded global weakness with negative zone trading since opening today.
As Nifty traded more than 16 hours between 5687-5732 with higher levels selling in last 4 sessions therefore sustaining below 5687 and more down moves can not be ruled out.
Strong supports near 5639 and it is next hope for Bulls,sustaining it beyond has to watched for Intermediate term trend confirmation.
As Nifty traded more than 16 hours between 5687-5732 with higher levels selling in last 4 sessions therefore sustaining below 5687 and more down moves can not be ruled out.
Strong supports near 5639 and it is next hope for Bulls,sustaining it beyond has to watched for Intermediate term trend confirmation.