Firstly Watch Levels after negative developments today morning
Pre-open Outlook(27-11-2017)
As all the Asian markets are trading in Red today morning and S&P keeps India rating unchanged as well as this decision came after the closure of Indian markets trading hours last Friday therefore Indian markets will react these 2 negative developments through negative opening.
Nifty traded first 4 sessions of previous week between 10232-10377 and this range was broken out last Friday but weaker opening will be seen today due to above mentioned negative developments therefore firstly sustaining beyond 10377 should be watched in the coming sessions because good intraday consolidation last Friday and view will be cautious not Bearish.