Nifty might see fast selling today or after the RBI credit policy which is set to be scheduled tomorrow. Below are the five reasons why the market might fall. 1 In the current expiry, maximum open interest positions is in 7500 Put indicating that the markets might see a sharp fall. 2. Nikkei has fallen 1200 points from its recent high breaking its major support of 16500. 3. The Euro currency has triggered a breakout above 1.1376 leading to a sell off in DAX, which has broken its three week low of 9747. 4. Crude Oil has given a breakout below its three week low of $37.71 with the next target of $34.2. 5. US Cot report( commitment of traders) is showing above average sell positions being built for the first time.
Submitted April 04, 2016 at 01:05AM by ShaileshSaraf http://ift.tt/1Tv29Rp
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