US markets were closed yesterday but Dow's futures was more than 60 points up whole day yesterday therefore all European markets and some Asian markets closed with good gains yesterday. Greece package news led high volatility in Dow's futures and in all the Asian markets today morning and Asian markets recovered from intraday lower levels in lines with up moves in Dow's futures
Global cues led intraday volatility may be seen in Indian markets also but good selling seen between 5588-5605 last Friday therefore very short term correction and down moves are expected in Indian markets and until Nifty will not sustain above 5605 till then next rally will not be considered.
Global cues led intraday volatility may be seen in Indian markets also but good selling seen between 5588-5605 last Friday therefore very short term correction and down moves are expected in Indian markets and until Nifty will not sustain above 5605 till then next rally will not be considered.