Buyers receding, Nifty support at 19,060 and 18,900: Anand James
Buyers appear to be receding, expecting deeper falls, with supports identified at 19,060 and 18,900. Prospects of a revival in uptrend, rests on the ability of 19,400 to attract bargain buying, having retraced 61.8% of the rise that unfolded since 3rd August. Downside marker may be placed at 19,360," says the Geojit Financial Services' chief marketing strategist.