17065-17213 will confirm next decisive moves
Pre-open Outlook(02-12-2021)
As Dow Jones which was once trading 500 points up has slipped more than 1000 points and traded 477 points down also therefore sentiment has turned extremely weak and its impact will be seen in all the Asian markets.
Although good intraday consolidation was seen in Indian markets yesterday but US markets crash led weakness will be seen and Indian markets will also open weak. As good intraday consolidation was seen between 17065-17213 yesterday therefore firstly sustaining it beyond whould be watched tdday for next decisive moves confirmations.