Sgx nifty currently trying to take support at the trend line. but we have to wait for few trading sessions to confirm that support because due to the bad global cues.may be this is a short covering rally.
sharemarket charts shows us not only the candles but also the peoples mentality and i think that people now days loosing their calmness and become more aggressive to earn money.
and once again sharemarket proves that we are still believing that USA is the top leader. ahha i think Hollywood is better because its always shows us that USA is the only country attacked by many aliens villains etc...other countries not even bothered. but in reality boom its opposite.
Note
sgx breached the long support. now the resistance is 15600.
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