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10th July, 2008

The Nifty is ready for a Big Move

The Nifty has made a significant chart pattern today which suggests that the Market is poised for a big move - up or down. The pattern does not predict the

9th July, 2008

A Relief Rally, finally

After six days of volatility, the Nifty gave an impressive performance today, gaining almost 150 points to close at 4160. The Index had made a pivot low at 3850 last

8th July, 2008

Out of the frying pan into the fire

If you get out of one problem, but find yourself in a worse situation, you are out of the frying pan, into the fire. (http://www.usingenglish.com/) This applies to two different

7th July, 2008

Not a Friendly Neighbourhood Bear

The Nifty opened higher, almost a gap of a 100 points, then slid during the final hour of trading, to close virtually unchanged at 4030 (Friday's close at 4016). The

5th July, 2008

A DOJI after a sustained Down Trend

Doji candlesticks have the same open and close price or at least their open and close prices are very near each other. Doji suggest indecision or a struggle for positioning