Its been a Swine Flue in the Dalal Street too. Once again the viewers of this blog have been informed prior, about the correction. In my last blog I have mentioned that the Nifty chart suggests that there is a Double Top pattern formation and that the Nifty will fall down again. In the past also, we have witnessed that the Nifty has tried to close above 3500 levels, but due to the selling pressure, Nifty was unable to close above the same. Today, markets opened in the negative zone and for the majoor traded in red. Sensex fell down below 11000 levels, but closed marginally above the level. Nifty closed below at 3362 down 107 points. Sensex closed -370 points down. For this expiry, Nifty will be near 3300 levels. Volumes also saw a dip in the last few trading sessions.
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