Wednesday, April 11, 2012

Mid Week update



The markets seems to be bottoming out. Above 5341, the markets will have ended the down move.
Trend line study shows a higher close tomorrow will end immediate down trend and above 5326, the intermediate down trend will be over.
The only negative factor has the been the FII sell figures this week.
The positive factor is that the indices have tanked but the stocks have ot fallen by much.

No comments:

Post a Comment