Nifty under Bear Attack ?

After the recent fall, a majority are veering towards the bearish side. But, it is often observed that the market seldom does what the majority wants it to do. Looking at Nifty Weekly Charts we can see a Break of long term trendline.
Can it be a whipsaw or it serious breach of Bull Market,we will come to know in next few days.
As of now Bluechips like SBI,ICICI are heavily oversold. Metals are trading at all time high but Hindalco,Tata Steel are correcting and all are oversold on hourly …
Read the full story »