Shocked with the swing....need not be...you will see more and more of this till the election result day.Nifty was not able to cross the 6780 hurdle and the next alternative was go down.....and down it did. Wait the drama is not yet over, we might even see one more correction, where the spot can end up at 6635 level.
The bears have the say now, more and more are waling up from their hibernation.Which is not a good sign, but then hope is a strong feeling which can change the market scenario quickly.My take once it reaches 6630-35 the market will start making the upward journey which should end on result day and we could see new highs like 7k mark.For now play safe and wait for good entry points for the ride up.
The bears have the say now, more and more are waling up from their hibernation.Which is not a good sign, but then hope is a strong feeling which can change the market scenario quickly.My take once it reaches 6630-35 the market will start making the upward journey which should end on result day and we could see new highs like 7k mark.For now play safe and wait for good entry points for the ride up.