Sentiment is depressed today morning after near about 2% down closing of US Indices therefore weaker opening will be seen in Asian markets and Indian markets will also trade in Red after negative zone opening. As selling was seen 5570-5592 yesterday and weak sentiment today as well therefore until Nifty will not sustain above 5592 till then next up moves will not be considered and strong possibility of slipping below previous 8 sessions trading range(5478-5610). As today weakness will be negative Global cues led therefore confirmations through sustaining below 5478 is also required for the beginning next huge down moves.
ॐ ह्रीं श्रीं लक्ष्मीभयो नमः॥
