Nifty fell sharply once it opened gap down near RED line (trend decider) as mentioned in previous post. Also it broke down from previous low (near 7241) and panicked yesterday. Today it extended yesterday's downfall. They say that in the panic forms a bottom. We are yet to confirm whether there will be any trend reversal from current level.
TODAY The Sensex ended up 34.29 points or 0.1 percent at 22986.12 and the Nifty was up 4.60 points at 6980.95.
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ReplyDeleteMoney Maker Research After a great recovery on yesterday, Stock market gave a nice opening in the but morning and ended up with the hike of 267.35 points in sensex and 83.30 points in Nifty.
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