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
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
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
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
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