In the last blog, it was mentioned that the Nifty will face resistance at 4510. Nifty made a high of 4539 and closed below at 4433.55 down by 45 points. Sensex closed at 14777. In the chart we can see that, the sensex and the Nifty will face resistance at the trendline. Today SGX Nifty is doen by 130 points. Global markets are also in red by around 1.5% to 2%. Crude price was up by around 1.5$ per barrel. It is still not negative for our markets. Investor shld buy at the lower levels. In the last 2 days, markets average was also good as compared to the turnover in last 3-4 months.
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