The markets are taking time to consolidate to take a breakout move. The markets across the globe lost more than 4% but were didn’t participate due to holiday. The markets take the Infosys cue and the yesterday meltdown. Incase the tech bellwether could project well for the next year with out fear due from the GE, then the markets likely to correct by 2% otherwise the markets may close below 4640. The markets shall not close below 4620 for more than two days can cause a severe damage to the Nifty.
As we expected RIL move the real saver of Nifty may not close below 2270 as the news flow is very positive. Incase the Nifty fails to trade above 4650 even the RIL trades above 2280 can be a temporary fall that can become a trap of bears. So the Nifty can move up so long RIL trades above 2120 and RPL trades above 153 then the bulls have some thing more to say in the short term.
Tuesday, April 15, 2008
Monday, April 14, 2008
IS THIS A CONSISTANT INCONSISTANCY?…
The markets are consistently surprising to the traders and confusing the investors with it's irregular movements. The days are gone for the buy today and sell tomorrow traders in the market( BTST) for next 12 months. The markets will take the run-up only when the retail investors lost their last hope of investing and should come forward to sell their blue-chip holdings in frustration.
So how long the small investor keep his faith for an early rebound?. Observe how the markets world over lost their value in just two months?. If one critically analyse the market operation how good things and favourable news flows continued for more than six months even after the first signs of SUB-PRIME news catching the headlines. But suddenly on a fine morningmarkets fell across the globe. The markets took a deep cut in its value and coundn't bounce back. The bullishness gone and the darkness of inflation due to price rise news started erupting from the volcano of commodities.
Now the suggestions from IMF, World bank and other research/statistical institutions are throwing open suggestions to the third world countries on & how to tackle the situation.
The crisis will be over once the deep pockets grab their chunk of blue-chip stocks across the globe, then the good news will be aired on how strong the economies of emerging countries and their importance in building the new society.
This is all in the game to WIN and enjoy the POWER to dictate the terms.
So how long the small investor keep his faith for an early rebound?. Observe how the markets world over lost their value in just two months?. If one critically analyse the market operation how good things and favourable news flows continued for more than six months even after the first signs of SUB-PRIME news catching the headlines. But suddenly on a fine morningmarkets fell across the globe. The markets took a deep cut in its value and coundn't bounce back. The bullishness gone and the darkness of inflation due to price rise news started erupting from the volcano of commodities.
Now the suggestions from IMF, World bank and other research/statistical institutions are throwing open suggestions to the third world countries on & how to tackle the situation.
The crisis will be over once the deep pockets grab their chunk of blue-chip stocks across the globe, then the good news will be aired on how strong the economies of emerging countries and their importance in building the new society.
This is all in the game to WIN and enjoy the POWER to dictate the terms.
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