Asian markets trading low , india will face selling pressure.Yesterday in U.S deutche bank cut the rating of GM and stock faced a huge sell.U.S. stocks finished lower on Monday, sending the Dow Jones Industrial Average back below 9,000, after early enthusiasm over China's economic stimulus faded in favor of ongoing worries about U.S. companies, including General Motors Corp.
Nifty moved yesterday in a style but today could back because of selling pressure.For nifty technicals watch the side bar.Have a nice trading day.
Posted by
SREEJITH T G
at
7:22 AM