Worst for Indian Equity Mkt.............Mkt is down and Out...........NIFTY broken all its supports and now trying to figure out its bottom.......
All sector butchered ..we have seen lowest closing since 14NOV..2004,,,,
No technicals worked today no supports were seen...mkt was just sliding like it have gone into BALCK WHOLE.....
Though we manged to save grace buy....BUYing IBREAL..in morning session and it had given us 7rs profit in few mintes....
Then we shorted ABAN...at 854....though it made a big low but we had booked it early.....
But My positional NIFTY buy Call failed measurably.......today..and hits s/l.....
Hope for the best.......but it seems we have gone back to 1930 Grea Depression Faze..
Hope govt take some more preventive measures and save retail investors sentiments.
Thnx and regards
FARHAN AMIN SIDDIQUI
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