Nifty futures unable to sustain highs at 10237, tumbled down to 10100 and finally closed near day's low indicating continuation of down trend.
Intermediate trend reversal, Fed positive decision did not give stimulus to Index and the market once again started creating low everyday in this week.
Nifty futures has a strong support at 10028. If this is broken then next support is at 9750.
And for BNF strong support seen at 23906/750. If this is broken then we will land up at 22850.
Looking at the trade war and tough stand by both US and China, one can expect more uncertainty which will keep market in the fear zone.
Already red alert was given earlier indicating worst days.
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