Market looking to open downside due to free flow selling pressure market today cover in first half so one can buy nifty at open around 4730 with sl of 4705 for a target of 4770-80 intraday.
Still more downside come in market ,yesterday disappointed IIP data i feel data is not a matter sometime high fluctuated doesn't mean growth is worst ,but worry of concern still more pain ahead in Indian economy to come.
Dowjones and NASDAQ down almost 1%each and euro zone index down 3% ,showing global cues are bad so opening in India and Asian market weak today.
Still more downside come in market ,yesterday disappointed IIP data i feel data is not a matter sometime high fluctuated doesn't mean growth is worst ,but worry of concern still more pain ahead in Indian economy to come.
Dowjones and NASDAQ down almost 1%each and euro zone index down 3% ,showing global cues are bad so opening in India and Asian market weak today.
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