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NIFTY DOWN:-234.45
CHANGE: -4.08%
CLOSES AT: 5507.85
NIFTY CLOSED DOWN 234 POINTS.DUE TO WEAK RUPPE AGAINST DOLLER, WEAK US MARKET, WEAK BOND MARKET AND INCREASING CRUDOIL PRICE WHICH MADE A HUGE NEGATIVE EMPECT ON INDIAN ECONOMY.FUTHER NIFTY EXPECTED TO BE DECLINE.
STRATEGY FOR NIFTY IS TO SELL BELOW 5490 WITH STOP LOSS OF 5550 AND BOOK PROFIT AROUND 5430.
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