INSUBCONTINENT EXCLUSIVE:
Nifty on Wednesday tumbled over 5 per cent to form a new swing low
closed at 8,468, down 498 points or 5.56 per cent and formed a long bearish candle on the daily chart
The index is expected to continue its southward journey and can roll down to 8,025, which is the 78.6 per cent retracement of the rally from
Nifty moving below the low at 8,555 is not a positive sign
Taparia of Motilal Oswal Securities.