One and only chance of recovery is Drastic decrease in Crude Oil.
But Right Now Crude is having buy signal so worry in shor term
if we close below the 20 Day EMA 4261. Any close below the 20 Day
EMA we are heading down.. Down
But Remeber One thing Still Nifty is in buy zone and can do any
sort of magic. Closing below 20 Day EMA is a worry
Till Then We are going to move in accordance with the global markets
Updated News :
Oil falls $4 after weak US spending report.
So Still Its Party Time in Nifty…
Any gap down opening is panic global alert. And recovery above 20 day Ema .. Rally in our markets what do you say?
Markets waiting for FED signal.