Although gap up and good above 6200 opening but not strong and Indian markets under performed Global cues therefore following line was told today in Post-open Outlook:-
As was told same happened and Nifty slipped after higher levels profit booking and now trading in Red. Minor correction was expected and it is being seen but some consolidation with lower lever levels supports confirmation is still required yet for the stopping of down moves. Let it happen then will be updated accordingly.
"emergence of profit booking possibility"
As was told same happened and Nifty slipped after higher levels profit booking and now trading in Red. Minor correction was expected and it is being seen but some consolidation with lower lever levels supports confirmation is still required yet for the stopping of down moves. Let it happen then will be updated accordingly.