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3rd August, 2008

Feeling Bullish ? Here is a dose of pessimism

If you feel that the bear market has come to an end, here is a point of view that suggests much worse is coming. http://www.theoildrum.com/node/4303#more After providng a review of

1st August, 2008

Why the Market is supreme

Yesterday, I wrote: "We can identify 4350 as resistance and 4300 as support. A move beyond these levels will be the first sign that the Index is moving towards a

31st July, 2008

Inflation, the Hidden Tax

Inflation numbers released today (Thursday) evening are not comforting. The rate of inflation has one up again reaching 11.98%. Worse, food articles have become more expensive, causing discomfort to the

30th July, 2008

A Dip, A Test and now a time to take decisions

When the Nifty first started its rally from 3800, I had made these points: 1. There is support at 3800, so swing traders / short term traders should buy with

29th July, 2008

A Trading Range Market ?

The Nifty fell by 150 points today, bringing it down to 4175. This is almost 400 points down from the rally highs recorded last week. Below 4200, the intermediate trend