No confidence at all in market.There is highly chance of positive opening and sliding to flat.When the IIP number come on friday it plummet to negative territory first time in last 15 years.Last number for the same period was 12.2%
U.S closed positively after a strong recovery.Asia also trading now in green but japan Confidence among large manufacturers fell at its fastest pace since August 1974, the Bank of Japan's quarterly tankan survey showed Monday, pointing to a deepening recession and rapidly deteriorating conditions in the world's second-largest economy.Overall negative closing expects and have a nice trading day.
