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23rd August, 2009

Breakout from 4500 resistance.

The Nifty finally moved out of three day trading zone, by moving above 4500 to close at 4528. Moves out of the trading range should be respected. The minimum target

20th August, 2009

Narrow Range ready for big move.

For the past three days, the Nifty has compressed its action between a range - 4500 to 4380. This is good news, because such a narrow range is not likely

19th August, 2009

Slowly, the tone changes.

While 'Experts' in India keep on harping at the 'golden age' of capital markets soon to come in, the tone of commentaries coming from the USA is changing. Ft.com. reports

17th August, 2009

Trading Range Blues.

Ft.com has this to say on the China recovery miracle: The laws of economics appear to be suspended for the Chinese — but they are not. They just have “better”

12th August, 2009

The Market Direction.

As the Nifty goes through a correction of the uptrend, a serious question comes to mind: Are we in a bull market or was the upmove (from 2200 to 4700)