Monday, June 4, 2012

Global and Asian markets are bleeding ...

Global and Asian markets are bleeding ... a  gap down opening of 1.5 to 2 %  can not be ruled out this gap down  opening ,support of Nifty at 4785 will be treated as broken and 2 to 3 closing below 4800 may develop a new trading range  4650 ><4785  or 4530 ><4785  
Maximum markets except US markets are trading at their crucial levels/supports and possibility of range trades /reversal can not be ruled out provided current  level will be able to hold panic sell off

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