<<<5705>>><<<<5789>>>><<<5813>><<<5837>>><<<5865>>><<<5883>>><<<5905>>><<<5932>>>
Almost flat opening is expected. market started consolidation as we saw on Friday, after a positive opening market traded below days high .... first time after 8 sessions ...It is a indication of consolidation / mild correction . rally will be continue above 5905 ,below it avoid selecting long trades . Nifty traded wid low volumes .RSI trying to turn its direction stochastic converging above threshold. Nifty is trading below trend line these all indicating that a brake is applied on upward move temporarily …
Bank Nifty is continuously closing in red …
IT sector too showing weak ness …
Energy sector closed in red …
Auto scrips too closed in red despite announcement of March sales data ...seems market participants were expecting more from them ..
construction major L & T tumbling here ....
and on the top 2 G Scam is on fire ..Tata radia ....ADAG....swan ...etc...etc....
