In your interest.
Online Personal Finance Magazine
No beating about the bush.
Can you be a bull by looking at the rear-view mirror?
In the previous issue, I had suggested: “If the Sensex does not go below 8,650, we will see the upmove continuing. The strength and duration will depend on whether it can go above 11,000 over the next six trading days.” We did see the market continuing to move up. After I wrote that piece, the Sensex dipped to 8,467 on 2nd December,...
A Rally Looks Likely, If…
In the last issue, I had said that stocks would be buffeted by a daily conflict between negative news and positive market action and vice-versa. If the US and Asian markets are down, the Indian market too would go down. This is what happened last fortnight; the Indian market went down, then up in tune with global markets.
Meanwhile, bad news continued to pour in...
The ferocious daily fight between bulls and bears will not be resolved soon
In the last issue, we had said that over the next few weeks, the extreme short-term rally that we are witnessing would give way to a fresh decline. The decline may start on fresh bad news from global markets or purely the need for foreign investors to sell to meet redemption pressures of their investors. The rally...