Greece is back in Lime Light again with the surprise annoucment by its PM PAPANDREOU
GREEKS TO VOTE ON EURO MEMBERSHIP IN REFERENDUM: PAPANDREOU.
Why is this so market un-nerving news reason Being PM has asked the Greeks to vote for the the austerity measures his government has taken and Do GREEKS LIKE it or not.
A Poll conducted suggests 60% people are against the Austerity measures and if VOTING outcome is NO Greece will not take the Bailout fund by EU and has to default.
Lets look How Nifty looks technically
On daily charts Nifty is still in uptrend from the rally which started from 5038.
Nifty Daily
Read the Full Story
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Rgds,
Bramesh
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http://www.brameshtechanalysis.com/
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