Strong Fundamentals were not able to predict this downfall. Now, we rely on the Technical Charts to see where the market is heading. Nifty 4400 is the support everyone is talking about but as I see it, we might go under like Red October! Nifty 4000 is my personal prediction from which the bounce back should occur, but one can never be too careful!
These are dark times and Short Selling is the way to go… trade stocks where future seems clear. I am banking on the power sector, particularly alternate power of the likes of Suzlon Energy. Reliance power also seems to be burning the midnight oil and getting back to climbing out of this mess, but mass traders still haven’t renewed faith in their workings.
[...] Man wrote an interesting post today onHere’s a quick excerptStrong Fundamentals were not able to predict this downfall. Now, we rely on the Technical Charts to see where the market is heading. Nifty 4400 is the support everyone is talking about but as I see it, we might go under like Red October! Nifty 4000 is my personal prediction from which the bounce back should occur, but one can never be too careful! These are dark times and Short Selling is the way to go… trade stocks where future seems clear. I am banking on the power sector, particularly alternate power of the likes of Suzlon Energy. Reliance power also seems to be burning the midnight oil and getting back to climbing out of this mess, but mass traders still haven’t renewed faith in their workings. [...]