Just recollect the words we mentioned yesterday.
"Overall we are in deep forest of bears and we can get a ray of hope only above 3850 and we will be out of forest only above 4159".
Today market opened gap down of 150 pts and in lot of chaos and confusion, still moving downwards without knowing where to get recovery till this time (sunoutage 11.35-12.10). Nifty is now at 3360.20
Once market reopens expect recovery at 3328 or 3304 which are the major support points at this levels. If this happens then the market will be rangebound between 3328-3544.
Traders keep out of market as volatility will be more even today.
Wednesday, October 8
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