#nifty breaches and closes below 100EMA
Nifty breached 100EMA with a bearish candle and closed below taking support at 17310. Can it sustain above this level?
Global sentiments played a major influence on the markets. Vix remains above 20.59. PCR is at 0.78. net selling of 711cr by fii/dii. Unless sentiments revive categorically, volatility will remain. CPR is narrow 34pts tomorrow, so a trending market can be expected. Mistrust between global players is spooking markets. When will the trust deficit go away ? Let us hope soon.
Global sentiments played a major influence on the markets. Vix remains above 20.59. PCR is at 0.78. net selling of 711cr by fii/dii. Unless sentiments revive categorically, volatility will remain. CPR is narrow 34pts tomorrow, so a trending market can be expected. Mistrust between global players is spooking markets. When will the trust deficit go away ? Let us hope soon.
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