Tuesday, December 9, 2008

10/12/2008 mkt view

Now the big question is this will market make new bottom from this level????
The answer may be........ NO

So what would be the next levl to watch out for? My mind thinks of 3100+
As huge build put build up seen in 2700 level we see a nifty range of 2700/3100 which early was 2500/2800(many bla bla including stockjocky) thinks so.But here mkt shown some change in mood it didnot breake 2550 and return from 2570/80 level and move upto 2860 level crosing our previous range of 2500/2800.

Mkt may give again buying opertunity near 2650/2700 level which may lead upto meaning ful rally

DISCLAIMER: ITS GOOD TO ASSUME THAT I FOLLOW MY VIEW COMPLETELY

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