Market Trend :
Now Up Move is ver –
Last Support of Nifty 11171 – thereafter target 10700-10000 +.
Market Out Look :
Down and Down and finally market continue in third sessions down very heavily lead by across all the sector but some saved by FMCG. As market are finally break down support level and last and final support 11171, thereafter time to exit all ong. As we are in a bull market and such types of decline in a stock prices is a process of correction and it is imminent after a smart bull market. Strategy only sell on rally.
Nifty Spot :
After break down 11400 major sell off seen and finally last low of 11300 also broken and closed below. Over all trend is bearish and intra day any rally to sell side. Consider resistance 11350-11360 and support nearly 11200-11171 watch out, thereafter real panic will start.
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