High volatility just above Long Term Trend decider 200-Day EMA amid political uncertainly and will not be resolved properly then Long Term Trend will be down after sustaining below 5672. As technically huge selling at higher levels in last 3 months therefore Indian markets are well prepared for huge fall and political uncertainty has fuelled this possibility in last 2/3 days. Following line was told in previous Outlook at 01:39:00 PM and being repeated:-
chances are high of finally sustaining below 5672