Although Nifty was trading in Green and hovering around 5685 then following line was told in previous Outlook:-
As was told,same happened and Nifty traded at 5625 after slipping from higher levels.
View is still Bearish but some recovery can not be ruled out in US markets today after previous couple of sessions huge down moves and its reaction may also be seen in Asian markets next Monday. As selling patterns seen at higher levels today therefore finally same Bearish view.
"Outlook is still Bearish"
As was told,same happened and Nifty traded at 5625 after slipping from higher levels.
View is still Bearish but some recovery can not be ruled out in US markets today after previous couple of sessions huge down moves and its reaction may also be seen in Asian markets next Monday. As selling patterns seen at higher levels today therefore finally same Bearish view.