-> Brent Crude seems to be finally making a breakdown below 104 levels.
- > Can it see a drop to 97 in coming days is what needs to be seen.
On the other hand Nifty continues to show positive divergence and we may be very closing to forming a bottom in coming days.
Its a time for investors to continue to nibble. The gut feel from my end is expect better times from June onwards and next 1 month is a good time to accumulate.
Regards,
Nooresh Merani
