The Markets are very intelligent and cut the bottoms wisely when theya are falling and so is the action by cutting the heads when they are rising...
(.......I posted on 27-02-2012.........I HAVE MENTIONED THE BAD NEWS WILL FLOW SOON....NOW ENGULFING....THE MARKETS ARE HEAVY AT THE TOP AND THE LITTLE PARTICIPATION FROM THE RETAIL INVESTOR DROPPED THE MARKET FROM HIGHS!!!
THE NIFTY IS GOOD ONLY WHEN IT CROSSES 5424 AND RELIANCE TRADES ABOVE 803.
SO FAR NO PROBLEM, THE NIFTY TRADES BELOW 5135 IN THIS WEEK WILL CREATE RIPPLE EFFECT....THE TATAMOTORS SHALL NOT TRADE & CLOSE BELOW 239-41 AREA ON ANY GIVEN DAY, THEN THE BULLS LOST EVERY THING....FOR SURE....).....
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The growth concerns are shadowing the rise of markets. The past political indecisiveness impacted.....culminating to a level where every body is making statements for corrective/reactive steps.....
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Thanks to Business Line....
.......Mr Mukherjee noted that RBI's monetary easing will take some time to translate into reduction in interest cost.
Meanwhile, the Confederation of Indian Industry Director-General, Mr Chandrajit Banerjee, said that the March IIP data was "extremely disappointing". This raises concerns that the economy might be showing early signs of a vicious cycle of de-growth, as a result of multiple issues like high cost and poor availability of capital, high input costs, poor sentiments.
http://www.thehindubusinessline.com/industry-and-economy/article3407993.ece?homepage=true&ref=wl_home
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