Market Update – Today NIFTY broke a good support level. The
Market had seen selling dominate in the last three months though the index was
being managed and more of a sideways move. The selling accelerated after the budget
and index also followed. The break of the support zone has been at high volume
where the Market sell volume far outpaced the buy volume. The next support
coming in the region of 10640 where buying came the last time.