As US markets closed weak yesterday and Dow's Futures was also more than 40 points down today morning therefore sentiment was depressed and all the Asian markets are weak,resultant Indian markets slipped immediately after opening.
Global markets are sharp down and Indian Rupee is also weakening but Oscillators are oversold therefore some bounce seen from lower levels but until Nifty will not consolidate completely till then any decisive up move will not be seen and only Pull Back rally will be considered.
Detailed analysis of EOD charts have already been updated in previous topics.
Global markets are sharp down and Indian Rupee is also weakening but Oscillators are oversold therefore some bounce seen from lower levels but until Nifty will not consolidate completely till then any decisive up move will not be seen and only Pull Back rally will be considered.
Detailed analysis of EOD charts have already been updated in previous topics.