Weakness deepened in all Asian markets and some turned more than 1% down during last one hour as well as Indian Rupee also weakened by 23 paisa today and sentiment is weak and Nifty is trading hovering around 5886. Importance of 5886 has already been updated in both previous Outlooks and firstly sustaining it beyond should be watched for next immediate moves confirmations.
As on going Wave-C may retrace up to 5841.10 therefore it will be next target after valid break down below 5886.
As on going Wave-C may retrace up to 5841.10 therefore it will be next target after valid break down below 5886.