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22nd September, 2008

Is the Bear Market over ?

Many readers are asking this question. The answer expected is : yes, it was completed on Thursday, Sept 18, when the Nifty touched 3800 support, then bounced back. With some

21st September, 2008

A Low in place: Possible.

The Nifty finally closed the week at 4225, up 17 points from the previous week. Read this again. The market was almost unchanged at the close of of the week.

19th September, 2008

A short term low may be in place

The NIFTY may have made an intermediate low, a bullish bounce back is possible. This is the message of many days of volatile trading, culminating in a big selloff in

17th September, 2008

The Morning Review: Trading Ranges Confuse

As the Nifty fell to 3930 on Tuesday (yesterday) there was a sense of panic. Yet, the Index recovered all its losses to close higher than Monday. As I write

16th September, 2008

Simple Ideas: Prices fall in Bear Markets

Volatile conditions continued in world markets including India. The Nifty opened almost 130 points lower, then staged a decent rally to recover all its losses and close absolutely unchanged. As