MARKET TREND:
Yesterday Investors panic forced to break the market levels to 5600-5800. This panic happened for not only for our Indian Market to all the World Indices across Equity, Debit, Gold and other Most of Commodities. Since market was in Red from last 5 weeks after the Green in for 5 weeks and also lots of money was from the system, Value Buying and Short coverage can be witnessed in this week end day. 5620/5640 can act as support and may close Flat with positive bias.
Sorry for not able to give other inputs as our daily practice.
Yesterday Investors panic forced to break the market levels to 5600-5800. This panic happened for not only for our Indian Market to all the World Indices across Equity, Debit, Gold and other Most of Commodities. Since market was in Red from last 5 weeks after the Green in for 5 weeks and also lots of money was from the system, Value Buying and Short coverage can be witnessed in this week end day. 5620/5640 can act as support and may close Flat with positive bias.
Sorry for not able to give other inputs as our daily practice.
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