Indian markets continued to bleed. Sensex lost almost 150 points today and Nifty was down by 40 points on back of Global sell off post Fed meet. Global markets were also down almost 1-1.5%. Indian markets after an superb rally in the near past, started correcting after reaching its 30-month high. Nifty after making a high of 5492 corrected and will continue till it reaches 5400 levels. RSI has been giving negative signal and MACD is giving negative divergence. If the Nifty breaks the trendline 1 then we might see some more correction.