BEAR TREND REMAINS INTACT.

The Bulls battled against the bears to take back deep intraday losses up by 0.54%, however, the bears once again as a surge of late selling power took the market all the way down ending marginally lower by 22.62 points.

This is going to be a cautious week as NSE ASI traded with Low volume and a good time for investors to digest last week's numbers and what it means for the future.
NSE Banking topped most traded stocks with its weekly/Monthly charts time frame trending within a support level of 330.71 points, thus indicating that smart money is absorbing the supply which is an indication that they are bullish in this sector. Hence we can expect a reversal in the down trend here.
Technically, most leading and lagging Indicators remains weak, doubting the bull trend is in place.

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