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Will markets gain traction after Diwali?

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  1. #1
    diyaa
    diyaa is offline Just in!

    Will markets gain traction after Diwali?

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    The lows of lows of Sensex in India during the Black October suggest that markets have already factored in all the worst Stock Makret news. Is an upswing in the offing or it is a bear rally?

  2. #2
    Tiger
    Tiger is offline Just in!

    Re: Will markets gain traction after Diwali?

    Diwali....its been 1 month ago but still after that Stock Market not stable now.... we have to wait and watch when will market get stability...keep an eye on Stock Market Updates.

  3. #3
    anshul_101
    anshul_101 is offline Just in!

    Re: Will markets gain traction after Diwali?

    well markets r in intermediate down trend.....if we see chart of nifty today{23.jan.2009} it is broken down from 2700 now it is very much possible and very likely that we may touch last low of 2400 in near trem... so now every rally if it comes should be used as to sell or to light ur positions....to break on upside we need to cross 3150 level where inverted head and shoulder has been made on daily charts of nifty above that we can see 3600 at least.....whatever i wrote its from my technical analysis experince..technical analysis gives highestpossibility but not 100% sure shot advice...nothing is 100% sure shot in life...

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