The mechanical trend indicators are suggesting an up move, at least for the short term. Traders should look to buy on dips. This is not easy to do since the
The U.S. markets rally on Friday. Here are comments from the WSJ blog: "The worst jobs data in decades was, as it turns out, priced into the market — at
One of the nice things about technical trading is our flexibility. Rather than tell the market what it should do, technical traders follow the market. While this is difficult to
For the tenth day, the Nifty remains inside a narrow range between 2550 and 2750. A move out of this range is likely to give us a trending move. Then,
The Nifty responded well to the large declines in the US markets, closing Tuesday with only minor losses. The Index has two technical patterns currently under development: First, a rising
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