We heading to 7900-7800 range now.
I said that if Sensex breaks 8120, level then it wont be good for sensex at any cost, and it will come down, if remains above it then we should see 8500 soon, but, sensex hates resistances and likes to break supports, and that is what happened.
Sensex now down and under 8020.
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We are heading to 7900-7800 range from where a bottom should be formed, and we should see bounce back from there, here i am writing we should see, the only thing is that the momentum has turned bad for short term.