After a reversal day recorded on Monday, October 27, a greater than 3% gain was recorded today (November 10). Does this provide the much needed confirmation for the start of
Monday markets are trending - up. This is no surprise since the intermeidate trend has been up for two weeks. Last week saw a correction in this up trend when
The market continues to exhibit excessive volatility. The Nifty recorded a low of 2860 at 1320 hours. A rally then started, which saw the Index move upto a high of
Actually, this is good news. After many days of almost free for all movements, classical chart resistance seems to work. This should also mean that chart support levels will also
How much higher can this rally go ? This is an important question for those (a) who remain short in some form or the other (b) who missed buying last
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