Yet another gap down opening,nifty opens at 2680 , down 75 points from Fridays closing thanks to the international markets.Asian markets were all down 3-4%.Favourable RIL-RPL merger also did not cheer the markets, with a swap ratio of 1:16 it was the same old wine in new bottle.The entire day market hovered very flattish within a range of 25 points till 1.30 pm.After 1.45 pm we saw some selling coming with nifty falling sharply towards the end to 2660.Any closing below 2730 is very bearish which nifty did today.
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