Markets ended sharply lower on the day of the expiry of the August Futures contracts due to profit booking in heavy weights such as Reliance Industries and capital goods stocks. Rising crude oil prices in international market also weighed market sentiment. Sensex having opened flat remained sluggish for the major part of the trading session. Signi.....
Middle of 2008 the picture is still unclear but Chartadvise subscribers are able to stay ahead of their curve...
Excerpts from Trend Trader >>
May shed some recent gains ? - 28/07/2008
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.. we need to, past time at least till the end of the next month and hence sideways market action is going to dominate through much of the coming month.
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The outlook therefore appears to be that the month of August should see some range bound action with some dips initially
and to be followed by some upward action later.
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The familiar saying in the market is, when cats and dogs run, its time to get out of the market. This indicator has been put to test many times and has always managed to withstand ....
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After bottoming out in the middle of June the prices were moving sideways and never really latched on
to a trend. As a result, the movement witnessed was negligible. Prices jumped up when news started
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