There has been serious dent in Dow and now in Asian markets today morning. If today would have been a trading day, we would have nose dived to 2600 Nifty. After such a serious fall in Dow and the rest and with G20 meeting, Thursday can be another day in Dow and even a technical pull back can make us go back to green on Friday morning..
This is perhaps the reason, why the operators did some last minute buying and did not allow the nifty to close at day`s low on Wednesday. The revival on Friday, though might be short lived and things will be back to normal (I mean downward trend) come next week.. we will test 2600 intraday at some point of time next week and from there much depends on day to day news...

with dow futures tanking by 150 this minute, I feel that we will have a gap down by another 100 points in nifty tomorrow morning..if we do not go below 2750, intraday, then the blood bath will not happen this week itself. Otherwise, the Oct lows will be re-visited this week itself..all IMHO and I have been terribly wrong before...

Hi, Why are the markets closed today?...

So far market is holding itself. LEt us see how it moves in the afternoon....