Dow Jones tripple digitd down and triggered global Stock Markets crash yesterday after worries about a global growth slowdown resurfaced following weak manufacturing reports and a surprise increase in the number of U.S. jobless claims. All the Asian markets are down and some are more than 1% down today morning therefore sentiment is most depressed and negative zome trading will be seen after gap down opening in Indian markets.
As more than 5 hours consolidation between 5380-5397 on 21-08-2012 and sustaining below 5380 will be deeper correction confirmation therefore should be firstly watched today.
As more than 5 hours consolidation between 5380-5397 on 21-08-2012 and sustaining below 5380 will be deeper correction confirmation therefore should be firstly watched today.