Indian markets are alreay in corrective mode and global markets weakness triggered sharp declines today. Nifty slipped sufficiently below 5340 therefore intermediate term trend downward possibility turned stronger.
Sustaining below 5340 will be firstly watched because that will mean more down moves confirmations for the period from 3 weeks to 3 months.
Sustaining below 5340 will be firstly watched because that will mean more down moves confirmations for the period from 3 weeks to 3 months.