As all the Asian markets are in Red and 3 markets are more than 1% down as well as sentiment is most depressed today morning therefore weak opening will be seen in Indian markets. It should be kept in mind that Oscillators are oversold therefore a bounce back and volatility possibility is high. More than 5 hours trading with selling patterns formation between 8083-8181 yesterday and until Nifty will not sustain above 8181 after complete consolidation till then even Pull Back will not be seen.
Indian markets will react on GST Bill developments in Rajya Sabha in the coming coming 1/2 sessions and may be volatile also but until Nifty will not sustain above 8181 till then decisive up moves will not be seen despite whatsoever positive news.
Indian markets will react on GST Bill developments in Rajya Sabha in the coming coming 1/2 sessions and may be volatile also but until Nifty will not sustain above 8181 till then decisive up moves will not be seen despite whatsoever positive news.