AN OPINION ON INDIAN STOCK MARKET - NIFTY INDEX - IT IS MY TECHNICAL ANALYSIS 'DIARY' and not for business promotion
03 September, 2008
BULLS TO CONTINUE
What a speed in rising the markets!!! This shows that nifty to touch and try to cross 4650 but as the - ve news is being developed ie., weak global markets and probable failure of nuclear deal which ultimately lead to national mid term poll may lead the market at gap down. Huge buying in cash by FII a +ve point but long in index futures vs short in stock futures will lead a big fall in the near term. No alternative than to trade with strict stop loss.
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