Today Market is correced sharply. It was inevitable & also some way good for the market health. The reason for today's sharp fall is mainly due to profite biiking by FFI's, then Also panic selling ( as Nifty broke the sentimental LEVEL of 5420 & then 5400 mark ) and lack of so much fund available in DII's TO FILL UP THE gap. Now for the time being Nifty should sustain 5420 ( now sentimental Resistance ), Then the pullback rally will take place which will boost Nifty again up to 5450 – 5500 mark. And if Market sustain 5500 for couple of days, then Market will rock again towards a new Horizon. Down below we can see Nifty can go up prices. Last but not the least , again I reiterate, that the Fundamental of our Indian Market is very very strong , so irrespective of some sideways correction it will continue to grow more.
