The outlook continues to remain grim for the coming days. Consumers and banks continue to be risk averse. It is the crisis of confidence which is plaguing the markets, not only in India but across the world. Unless there is a reversal in this trend, we are unlikely to see a sustained advance in stocks.
Intraday below 2537 level,
It will be in Bearish trend. Selling is suggested
with SL of 2564 level
for the target of 2517 to 2490 levels;
Regarding POSITIVE TREND,
Buying is suggested at level of 2564
with SL of 2537,
Target at 2588 to 2597 levels.....!!!
