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 and that will mean more down moves confirmations for the period from 3 weeks to 3 months.
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Mid-session Outlook-2(27-02-2012)
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 and that will mean more down moves confirmations for the period from 3 weeks to 3 months.