Daily nifty chart is showing that down side momentum geared up today ..Nifty closed below 5800 ...macd turned bearish .rsi repelled from center line . macd fast signal line crossing down the slower one..even 100 DMA support which was at 5823 has been broken today..w 5% r is hitting at 80 and cci at -100 ..only these 2 hopes are left for bulls.
other wise more down side won't be ruled out ...
only tomorrow's close above 5823 will give some breath to bulls...
