Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

Indian markets --- INSIDE DAY AND FOLLOW UP COMING....BEARISH MOMENTUM

 Source : http://www.moneyvistas.in/ 
Sectoral chart of 27th April
I was clearly mentioned in Shanghai outlook.Warning sign for Indian equity's if Shanghai closes below 2918.Whoever ignored it going to pay tomorrow.
Tomorrow we will open 60-80 points gap down.
Me and my clients are holding shorts......Cheers to them.

Downside support at 5220 below that 5180 - 5200 should offer support.
Upside resistance at 5260 and 5290.
 
Bearish Harami on Nifty charts:
Take a look at chart here.
 
Click here to read about Bearish Harami.

Cheers & Best to your trading.


Disclosure: Holding short positions