Major Cues:
- US-Iran war - bickering continues
- Brent crude crossed to $92
- US markets ended in the red
- Asian markets trading with a bearish bias
Positional
- The market is in the grip of the bears
- 24,000-050 remain the key zone for support
- Rallies are susceptible to sell off
Intraday
- The market is clearly oversold
- One intraday short covering rally seems to be on the cards
- However the timing of the rally is hard to guess
Track realtime market vitals at: Market Pulse — Real-Time Market Analysis Dashboard | VRD Nation
