As expected, in my Weekly report, NIFTY is heading down.
Now NIFTY has closed below the 200 day SMA.
Now the major event is the day NIFTY breaks down below 4800. That could be a day to remember. When it will happen is to be seen….
As regarding DOW, It is poised to test 10288. It might be today or a day or two later. We will have to see.
