The market went thru a perfect V .
Thru the day the market went down from 19580 to 19360 and reversed and closed @ 19522 (down 62)
Nifty : 5890 to 5790 and then closed @ 5864 (down 10).
Apparently the range seems to be 5800 -5900 (nifty ) & 19650 - 19300 (sensex).
Or broadly 5750 - 5950 or 19100 - 19700.
F & O Expiry on Thursday could be higher @ 5950 or near the low @ 5750.
the market trend likely to be established only after the market breaks this range - either 5750 on the lower side or 5950 on the higher side.
Tomorrow will see the results for Wipro & Castrol. so can expect some unexpected movements in these two scrips.
Thru the day the market went down from 19580 to 19360 and reversed and closed @ 19522 (down 62)
Nifty : 5890 to 5790 and then closed @ 5864 (down 10).
Apparently the range seems to be 5800 -5900 (nifty ) & 19650 - 19300 (sensex).
Or broadly 5750 - 5950 or 19100 - 19700.
F & O Expiry on Thursday could be higher @ 5950 or near the low @ 5750.
the market trend likely to be established only after the market breaks this range - either 5750 on the lower side or 5950 on the higher side.
Tomorrow will see the results for Wipro & Castrol. so can expect some unexpected movements in these two scrips.
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