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TFC Commodity Trading Forum

Re: Market enthusiasm Sensex crosses 27,500 *LINK* *PIC*

A bad day for market, this is unpredictable for the major indices had hit the day hard over the weekend the indian market open the day with deep cuts the intraday trend turned the market sentiment highly negative After a -6.85% crash in Chinese markets .

weaken supports further and a short-term negative trend drive the Sensex and Nifty to close the day in Red as the Nifty breached its support level of 7900 close the day at 7791.30 by slipped 172 points, or 2.16 per cent, and Sensex slumped 537 points, or 2.05 per cent, to 25,623.35

Tomorrow Nifty may open below 7700 level and try to capture 7650 level if in during the day Nifty fall the 7650 level then it can touch its immediate support of 7500-7444.In case this lowest support is breached, the Nifty will find support near 7400