Like Bank Nifty, Nifty also made a new low in the final 5 minutes of the trade which is not a good sign for the bulls. This move happened in spite of the US markets showing a positive close. This does not spell good for the markets and one should wait for the market to indicate the move as supports are placed at about 60-100 points. So as per today's close ,...
Bank Nifty made a new intra day low in the final few minutes of close which does not spell great news for the bulls. It is about 150-200 points from testing the January '19 low of 26441 and December '18 low of 26408. One should await this move and see the behavior at the levels and wait for a confirmation in either direction.
With the present scenario it is...