As expected Nifty opened gap down, but did not breach the all important 5815.We may see the breach on the morrow and also some recovery. Things like RBI Policy days are bad for trading because of too much of volatility.Best thing is wait till the market makes up its mind and then follow. I still feel that the downside potential is higher, but then you never know..
1 comment:
We saw the breach of 5815. Let us hope for the bounce now.
Suresh
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