Live Market

Sunday, May 2, 2010

All the Pushup's going to end!!

The last week trend was up and bullish and that too the banknifty future was pushed up and was float in the sky like an un-tied kite.In friday closing both nifty and banknifty shown a 'U' Turn downward signal, just before the market closing.Afterwards the world cue's are also in favours of the bears.

We expect the monday opening will be a Gap down as per our technical indications.Nothing Much to Add.