#NIFTY #VSA #MARKETOUTLOOK Having a look at the Market after
a long Gap. In April we saw the index making a smart up move. But weakness
started to creep in in the beginning of May. Though the overall movement was upwards we
could see that selling pressure was indeed having a upper hand. Clearly some
amount of distribution was happening. We
could see selling on increased volume. Failing to hold above 10560 could see the
Index test the weak support levels around 10400 levels below which we will see
sub 10200 levels. Probability favors lower side as of now.
