When on Sunday I told about Nifty looking to break the triangle, even I could not imagine this kind of move so fast !!! In the early trade US markets showed some good recovery ( S&P was almost 30 points up ) but right now, it looks not very good for bulls. The recovery efforts are getting sold into.
I'll post my next analysis for S&P after today's closing of US. For Nifty I'd like to wait for tomorrow's closing.
Till then, have a nice time...
Yours...
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