Yesterday… we have seen blood bath in global markets. Nifty too crashed more than 500 points. Panic is expected but this type of horrible panic… Who can predict.
We clearly indicated that below 8460… Do fresh sell and we will expect panic selling below 8283 mark. Nifty and Bank Nifty made a low of 7771 and 16680
Nifty future… Below 7770 once again we will expect Nifty future to turn in to red and likely to test 7713—7669 and then to 7601 mark. More and more weakness will see only close below 7601 mark……!!
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Bank Nifty future…. Below 16680 we will see further downside panic in Bank Nifty future till 16430—16280. More and more panic will see only sustain and close below 16280 mark
Our Equity Picks of the day Ceat Tyres & Jindal Steel …. Buy or Sell ??
This report is part of our daily Full update of Nifty & Bank Nifty. Kindly read full report before executing any trade.
Market is too much volatile so trade safely with levels.
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