The Nifty closed at 28 month lows on Tuesday, December 20 (Yesterday). Today, thanks to a 3 percent rally in American markets, the SGX is suggesting a 2 percent higher
This blog has been fairly consistent in calling the currently ongoing bear market. Once, 5200 broke down on November 15, a trading range breakdown was confirmed. Since then, the trend
The Nifty is back inside a trading range. A rally that started from 4640 is now over, with the Index moving into a fairly well defined range. Today's decline saw
Mouli writes: On Friday (2nd December)when Nifty December Futures was around 5000 the stochastic and RSI was consistently above 85 and 75 respectively in 5 minute and 10 minutes chart
I can undertsand the difficulty for most traders when trying to take a bullish position. We have been in a bear market for the past 13 months. There have been