As Global markets are crashing therefore first range(4984-5029) was given for next moves confirmations in Pre-Open Market Outlook today. Nifty could not sustained at higher levels and slipped below 4984 but Strong support between 4929-4984 also and market require complete selling patterns for sustaining below 4984.
View is cautious and if follow up selling develops today as well as Nifty sustains below 4984 then down moves will be seen on the back of crashing Global markets.
View is cautious and if follow up selling develops today as well as Nifty sustains below 4984 then down moves will be seen on the back of crashing Global markets.